Thursday, December 23, 2010

China review

China interest rates and loan
 
quoted from  
http://www.bloomberg.com/news/2010-12-15/china-may-lift-rates-6-times-next-year-on-inflation-mizuho-s-suzuki-says.html


On date 16december (china kept the interest rate at 6%) and tightening credit of banks lending(reserve requirement ratio is about 20%)    


Is predicted to be rising next year and banks will loose their reserved ratio


Growth predicted is about 8-10 percent with difficulty in sustaning growth of above 10%

Dear readers I do like comments of how this will affect stock prices ? 



      

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