Facing the inflation in this economy, what would do the People's Bank of China do, except to increase the interest rates? there is a ture thing that the making money machine of China is not only the PBC.
ps:
The People's Bank of China is likely to increase the interest rates banks must pay on deposits and the amount of money banks are required to hold in reserve to sop up the excess liquidity now found in the economy and slow inflation, said analysts.
分析人士称:人民银行很可能会加息,从而利用存款和存款准备金来吸收当前经济状态下过多流动性并减少通货膨胀。
