Beijing set to act on inflation, says RBC
March 12, 2010
From Pamela Tang
China will allow interest rates to rise and the renminbi to appreciate as it seeks to rein in its overheating economy, notes RBC Capital Markets. It is forecasting 108 basis points of hikes in the benchmark lending rate over 2010.
This content is only available to Asiamoney PLUS subscribers.
Subscribe today for unrestricted access to Asiamoney PLUS and receive your complimentary copy of Asiamoney magazine each month.
You can also call or email our subscriptions team at +852 2842 6999,
hotline@euromoneyasia.com.
If you are located in Europe or the Americas you can contact our local hotlines on:
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now
Free trial
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.
Free Trial