Guidance, not control, says central bank's Zhu Updated: 2010-02-01 08:00
Guidance, not control, says central bank's Zhu Zhu Ming Reining in credit 'an appropriate response' Davos, Switzerland: China's central bank stands ready to take more steps this year to ensure rapid lending growth does not cause the economy to overheat, a senior official said on Saturday. Zhu Min, deputy governor of the People's Bank of China, also said recent steps to rein in credit were an appropriate response to that problem and did not signal a departure from the country's relatively loose policy stance. "We are very carefully managing loan growth this year to slow down the path of loan growth and to make sure that investment will be at a smooth level to avoid overheating," Zhu said on the sidelines of the World Economic Forum. "We will guide - we don't want to use the word control because they (the banks) are commercial entities - the market and we would like to see smooth loan growth and smooth growth," he said in an interview............................................................................................. --- In obrolan-bandar@yahoogroups.com, "eddytj" <eddyt...@...> wrote: > > NEW DELHI (Commodity Online) : India's inflation rate based on wholesale > price index moved up to 7.31 percent in December 2009 from 4.78 percent in > November. > > Bandingkan > > Untuk bulan Desember 2009, BPS mencatat laju inflasi sebesar 0,33%. Inflasi > tahun kalender dari Januari hingga Desember 2009 sebesar 2,78%, dan inflasi > year on year sebesar 2,78%. > > > > --- In obrolan-bandar@yahoogroups.com, swan silo <swan_groups@> wrote: > > > > IHSG masih aman tapi risk meningkat > > > > > > > > Pemanasan global? Apa sih itu? Temukan jawabannya di Yahoo! Answers! > > http://id.answers.yahoo.com > > >