Wednesday, February 9, 2011

Barclays Capital China is expected to raise interest rates 75 basis points during the year

 Barclays Capital February 9 released the latest report, China's central bank raised interest rates on the number in 2011 expected, the central bank will raise interest rates this year 3 times a total of 75 basis points more than the previous estimate of interest rates 2.

report notes that

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Economists also expect the agency, 2011 China's CPI growth rate was 4.5%, but the January CPI growth rate of about 5.1%, and the first half of this year's CPI growth rate of most of the month will be more than 4.8%, of course, inflationary pressures will ease significantly in the second half.

In the second half of the increase in rate hike, interest rates throughout the year to a total of 1 percentage point.

In addition, Barclays Capital, the Chinese economy to maintain full-year 2011 growth of 9.3% expected.

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