China lifts bank reserve levels in inflation fight

Views 25

Inflation in China hit its fastest pace in almost three years in May forcing the government to again raise the amount that the country's banks must keep in reserve. Food prices were the biggest driver, but even with those stripped out, inflation was 2.9 percent up on the same month last year. That is the highest level since records began in 2002. ... http://www.euronews.net/

Share This Video


Download

  
Report form