GOING BEYOND
4.22.2011
China Raises Reserve Ratio to Curb Inflation as Zhou Pledges More to Come
China's central bank Governor Zhou Xiaochuan. Photographer: Feng Li/Getty Images April 15 Green Interview on China's Economy, Interest Rate Play Video April 15 (Bloomberg) -- Stephen Green, head of Greater China research at Standard Chartered Plc, discusses China's economy and the outlook for interest rates. Green speaks from Shanghai with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg) Chinese Premier Wen Jiabao Chinese Premier Wen Jiabao. Photographer: Feng Li/Pool/Getty Images China increased banks’ reserve requirements to lock up cash and cool inflation, and central bank Governor Zhou Xiaochuan said monetary tightening will continue for “some time.”
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