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 ?
No comments:
Post a Comment