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Friday, March 25, 2011

Morgan Stanley short term interest rate risk of China gradually subsided

Morgan Stanley (Morgan Stanley) Chief Economist for greater China said Wang Qing, China actively manage liquidity, while favouring growth posture, reduces the risk of China's central bank interest rates in the near future.

revealed Wang Qing, China in 2011 or will raise interest rates twice in the first half, starting around May to June, Chinese consumer price index (CPI) will bounce.

he said deposit reserve rate on Friday of the latest rise (25th) the entry into force, it froze about 360 billion yuan of liquidity, but this does not mean that the pace of open market operations will be slower in the future.