Financial Times FT.com

China raises rates again to curb inflation

By Mure Dickie in Beijing

Published: December 21 2007 02:00 | Last updated: December 21 2007 02:00

China yesterday raised interest rates for the sixth time this year, a move intended in large part to ease growing public concerns about rising inflation.

The announcement of the rate rise came shortly after the People's Bank of China released a survey of depositors that showed their dissatisfaction at price levels, and expectations of continued increases.

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