Researchers at China’s central bank have agreed that higher interest rates could be appropriate in the near future thanks to improvements in industrial prices and enterprise profitability, according to state media.
State-run newspaper China Daily said on Monday that top researchers at the People’s Bank of China had recently agreed that higher rates would “help to squeeze asset bubbles and restrain debt expansion, as a tool to be used with broader oversight of financial activities.”
The paper quoted Ji Min, deputy head of the bank’s research bureau, as saying over the weekend that there “is room for an increase in interest rates in the short term as industrial product prices and enterprises’ profitability have improved since last year”.
您已阅读41%（743字），剩余59%（1082字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。