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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (5494)	4/29/2004 9:40:11 PM
From: ldo79	Read Replies (1) \| Respond to of 60926

nsp How does this figure into the equation: Reuters China to raise interest rate by 50 bp-HK paper Thursday April 29, 8:42 pm ET HONG KONG, April 30 (Reuters) - China's central bank will raise the nation's commercial bank lending rates by half a percentage point after the week-long holiday starting on May 1, the South China Morning Post quoted banking sources as saying. The People's Bank of China also informed banks it was considering a 0.25 percentage point rise in the deposit rate, the paper said on Friday. A spokesman for the central bank in Beijing declined to comment.