Tuesday, January 12, 2010

China Raising Reserve Requirements

China certainly responds fast with monetary policy measures. It has raised bank reserve requirements and debt interest rates.

http://business.theatlantic.com/2010/01/china_tightens_monetary_policy.php

However, as I said earlier, the shadow finance sector is less sensitive to central bank's dicta. Let's hope China succeeds at a soft-landing.

No comments: