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Interest Rate Hike Shows Early Effect

A client deposits renminbi at a bank outlet in Nanjing, east China's Jiangsu Province.

 

The People's Bank of China says the recent interest rate hike has shown some early effect by noticeably intensifying the willingness among local residents to deposit their money.

 

(China Daily December 11, 2004)

Rate Rise to Curb Homebuying
Calls to Change Tax on Interest
Calls Made to Change Interest Income Tax
Farmers' Interests Emphasized
Think Tank Suggests Rate Rise
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