Under central bank governor Zhou Xiaochuan, China has created an interest rate corridor system with a group of new liquidity tools. Photo: Bloomberg

How late will China be to the US Federal Reserve-led interest rate-raising party?

The People’s Bank of China is unlikely to jump on the US Federal Reserve-led bandwagon of interest rate hikes any time soon, analysts said

Topic |   China economy

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Under central bank governor Zhou Xiaochuan, China has created an interest rate corridor system with a group of new liquidity tools. Photo: Bloomberg
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