Today: CHINA Monetary Policy in Focus as Reserves and Lending Surge, Jan 15, 2011

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Jan 15, 2011

CHINA Monetary Policy in Focus as Reserves and Lending Surge, Jan 15, 2011

China's foreign-exchange reserves climbed to a world record $2.85 trillion last quarter as bank lending continued to exceed the government's annual target, putting more pressure on the central bank to increase borrowing costs to dampen down liquidity and tame inflation.Alexander Language Schools, FranchiseAlexander Language Schoolsinfo@als-alexander.org or interalex1@yahoo.com

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