China’s ‘New Silk Road’ to Spur Infrastructure Investments
Rails, roads, pipelines will help trade links to three continents.
Interest Rates, Bank Reserves Set to Rise Further, as China Experiments With Deposit Rates
According to a report from China’s think-tank State Information Center, under the National Development and Reform Commission, Beijing may increase banks’ required deposit reserve ratios from the present level of 19.5% to 23%
China Raises Reserve Ratios for Smaller Banks as Bond Yields Rise
China raised the reserve requirement ratios for its small- and medium-sized banks in yet another effort to quell inflation, even as poor demand for bonds signaled investors’ fears that Beijing would order further interest rate hikes.