You are here

CENTRAL BANKS’ MOVES

China raises market rates to fend off financial risks; growth moderates

Data shows impact of effort to wean China off addiction to debt; output, investment property take breather

BT_20171215_PBOC_3222652.jpg
Analysts believe PBOC's rate hikes will not impede activity, though they signalled a commitment to continue curbing leverage.

Beijing

CHINA'S central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that they have managed successfully so far this year as activity remained broadly steady...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes