More surprise than rise
19 October 2010
Email
Share
The country’s first interest rate increase since 2007 may take the edge off stirring inflation, but won’t stop property prices rising or savings from being eroded. Still, hiking rates only a bit gives China room to strengthen its cheap currency. That would be a welcome sequel.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.