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Expect China policy measures in coming weeks
Don’t rule out an interest rate hike in China before year-end, says Frederic Neumann, MD and co-head of Asian economics research at HSBC. He tells CNBC that inflationary pressures continue to be a large concern in the mainland. Source: CNBC, December 7, 2010. Also, Paul Heffner, CEO of Gen2 Partners, says China’s central bank could raise rates by up to 150 basis points over 2011. Source: CNBC, December 7, 2010. | |||||||||||
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