Tuesday, Jun 20, 2006

Tightening the money - Part 2

BBC Web: China to stem 'excessive' credit

China's central bank has said it will strive to stop the "excessive" availability of credit and money.
The bank made the announcement following a quarterly monetary policy meeting, but gave no further details.

Posted by tyrellcorporation @ 08:09 AM (520 views)
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1 Comment

1. Sloth said...

This will choke off the price drops on goods exported from china.

This will then reveal the inflation (caused by M4 i.e. the state) which has been masked by Chinese imports.

Tuesday, June 20, 2006 11:51AM Report Comment

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