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By Staff Writer |
February 15, 2011
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%
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By Marlene Y. Satter, AdvisorOne |
February 11, 2011
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.