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

By Don Miller, Associate Editor, Money Morning

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.info@als-alexander.org or interalex1@yahoo.com