For those who believe China is in the midst of a property bubble, gripped by inflationary pressure, and struggling to appease irate savers, Tuesday’s 25 basis-point increase in policy interest rates looks pathetic. The new one-year lending rate of 6.06 per cent will not slow borrowing when gross domestic product growth and inflation are 9 and 5 per cent respectively. The new 3 per interest rate on one-year savings accounts will lure few renminbi out of speculation and into the banks.
对那些相信manbetx3.0 正经历一场房地产泡沫、受制于通胀压力、官方难以安抚愤怒储蓄者的人士来说，周二上调政策利率25个基点的行动似乎无力得可怜。在国内生产总值(GDP)增长和通胀分别达到9%和5%的情况下，6.06%的新的一年期贷款利率不会减缓借贷行为。同时，3%的新的一年期存款利率不会吸引多少人民币放弃投机、转而存入银行。
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