The central bank has taken a muted response to the Fed’s rate rise. Photo: Reuters
The central bank has taken a muted response to the Fed’s rate rise. Photo: Reuters
China

Why China’s central bank is taking a different path from the Fed on interest rates

Beijing is holding off on an interbank rate rise as it focuses on bigger priorities at home

Topic |   China economy
Frank TangSidney Leng
Frank Tang and Sidney Leng

Updated: 10:44pm, 15 Jun, 2018

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The central bank has taken a muted response to the Fed’s rate rise. Photo: Reuters
The central bank has taken a muted response to the Fed’s rate rise. Photo: Reuters
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