Analysts say the People’s Bank of China’s objectives in 2017 will include managing financial risks and stabilising economic growth. Photo: Reuters

China’s central bank starts Year of the Rooster with ‘groundbreaking’ broad rise in money market rates

Move sends clear signal that Beijing is tightening its monetary policy in the face of pressures that are threatening to weaken the yuan

Topic |   China economy

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Analysts say the People’s Bank of China’s objectives in 2017 will include managing financial risks and stabilising economic growth. Photo: Reuters
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