China’s central bank raised reserve requirements for lenders 10 days after boosting interest rates. Barclays Capital said, “The move will lock up about 360 billion yuan ($55 billion)”. What problems will this create for China?
This blog is meant to be a space for the Austin College community to discuss issues related to China and the Chinese language. For author permissions, please write to Dr. Jennifer Thackston Johnson: jtj.at.ac –at- gmail.com. Austin College is a leading national independent liberal arts college located north of Dallas in Sherman, Texas.
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