Posts Tagged ‘chinese central bank’
Clinton Asks China to Keep Buying US Treasuries
Monday, February 23, 2009 7:52 1 CommentHillary Clinton has asked China to keep buying U.S. debt and to work with Washington in combating the global economic crisis. Clinton was speaking Sunday before leaving Beijing at the end of a four-nation tour of Asia — her first overseas trip since taking office.
Clinton urged that buying treasuries would be in China’s interest as [...]
China cuts interest rate, banks’ reserve requirements
Wednesday, November 26, 2008 8:08 No CommentsChina Wednesday reduced both its lending and borrowing rates by 1.08 percentage points in an effort to ease the money supply. The Chinese central bank’s one-year yuan lending rate is now 5.58%, while the rate on one-year yuan deposits rate has been lowered to 2.52%.
The central bank also reduced bank reserve requirements by 1% for [...]





















