You are currently browsing the Business & Financial News weblog archives for the day Saturday, July 21st, 2007.

China tries to slow down growth of economy

Since July, 21st the central Bank of China has raised credit and depositary rates on 27 basic items. Thus, the credit rate will make 3,33 % annually, and depositary - 6,84 % annually.
The Chinese authorities hope that these measures will promote stabilization of inflation and restriction of volume of crediting and investments, and will also […]