China Raises Interest Rates Again to Cool Inflation

The People’s Bank of China said it would raise the one-year benchmark lending rate by 25 basis points to 5.81 percent, and the benchmark deposit rate by the same amount to 2.75 percent. The Chinese economy has been awash in liquidity due to government stimulus money and generous lending by state banks. Chinese officials are [...]

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Posted December 26, 2010 by ][-NooM-][ under Benchmark Lending

China moves again on lending, Economy stronger

Worries that the government, emboldened by the robust growth and wary of price pressures, will act more aggressively to tighten monetary conditions weighed on the benchmark Shanghai Composite Index, which fell to its lowest close in more than three months. China has ordered a further clampdown on excessive bank lending to ensure credit has not [...]

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Posted May 3, 2010 by ][-NooM-][ under Benchmark Lending, More Financial

Interest rate and deposit reserve ratio increase the public burden of housing loans have little effect

last night, the central bank announced that from June 5 yuan from financial institutions to raise the deposit reserve ratio by 0.5 percentage points. From May 19 yuan from financial institutions raised benchmark deposit and lending interest rates. Analysis of Shanghai researcher points out that this is the last 10 years the first time also [...]

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Posted December 31, 2009 by ][-NooM-][ under Benchmark Lending, More Real Estate

Property Landscape Benchmark Lending

The laws that govern Asia’s property markets serve many gods. A range of cultural values affects land ownership. Political considerations in the region encompass everything, from free democracies, to tightly controlled communist regimes. And of course, there is economics. In many cases this is the driving force behind regulatory changes that cool down, or speed [...]

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Posted July 4, 2009 by ][-NooM-][ under Benchmark Lending