{"id":16290,"date":"2007-12-30T14:33:16","date_gmt":"2007-12-30T21:33:16","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/12\/30\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/"},"modified":"2007-12-30T14:33:16","modified_gmt":"2007-12-30T21:33:16","slug":"chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/12\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/","title":{"rendered":"China&#8217;s Central Bank Chief Reaffirms Tight Money Policy for 2008 &#8211; Reuters"},"content":{"rendered":"<p><a href=\"http:\/\/chinadigitaltimes.net\/wp-content\/uploads\/mt-old\/28yuan265.jpg\"><img loading=\"lazy\" decoding=\"async\" alt=\"28yuan265.jpg\" src=\"http:\/\/chinadigitaltimes.net\/wp-content\/uploads\/mt-old\/28yuan265-thumb.jpg\" width=\"100\" height=\"132\" \/><\/a> From Reuters via International Herald Tribune:<\/p>\n<blockquote><p><a href=\"http:\/\/en.wikipedia.org\/wiki\/People's_Bank_of_China\">China&#8217;s central bank <\/a>will implement a tight monetary policy in 2008, using a range of tools to keep a check on liquidity, the central bank governor, ?<a href=\"http:\/\/en.wikipedia.org\/wiki\/Zhou_Xiaochuan\">Zhou Xiaochuan <\/a>, reaffirmed.<\/p>\n<p>The People&#8217;s Bank of China has waged a war on excess liquidity and inflation in 2007, raising interest rates six times and increasing the proportion of deposits that banks must hold in reserve 10 times, to a record level. Still, annual consumer inflation is running at the quickest pace in over a decade, and many economists are concerned that it could spill over from food into the broader economy. <a href=\"http:\/\/www.iht.com\/articles\/2007\/12\/30\/business\/yuan.php\">[Full Text] <\/a><\/p><\/blockquote>\n<p>[Image: Chinese officials have been hinting that the country&#8217;s leadership sees advantages in a stronger yuan., by Diego Azubel from European Pressphoto Association.]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Reuters via International Herald Tribune: China&#8217;s central bank will implement a tight monetary policy in 2008, using a range of tools to keep a check on liquidity, the central bank governor, ?Zhou Xiaochuan , reaffirmed. The People&#8217;s Bank of China has waged a war on excess liquidity and inflation in 2007, raising interest rates [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[1094,3549],"class_list":["post-16290","post","type-post","status-publish","format-standard","hentry","category-economy","tag-inflation","tag-overheating","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China&#039;s Central Bank Chief Reaffirms Tight Money Policy for 2008 - Reuters<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/12\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China&#039;s Central Bank Chief Reaffirms Tight Money Policy for 2008 - Reuters\" \/>\n<meta property=\"og:description\" content=\"From Reuters via International Herald Tribune: China&#8217;s central bank will implement a tight monetary policy in 2008, using a range of tools to keep a check on liquidity, the central bank governor, ?Zhou Xiaochuan , reaffirmed. The People&#8217;s Bank of China has waged a war on excess liquidity and inflation in 2007, raising interest rates [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2007\/12\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2007-12-30T21:33:16+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/chinadigitaltimes.net\/wp-content\/uploads\/mt-old\/28yuan265-thumb.jpg\" \/>\n<meta name=\"author\" content=\"Liu Yong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cdt\" \/>\n<meta name=\"twitter:site\" content=\"@cdt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liu Yong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2007\/12\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2007\/12\/chinas-central-bank-chief-reaffirms-tight-money-policy-for-2008-reuters\/\"},\"author\":{\"name\":\"Liu Yong\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/bde859fa557a468c7a4b1a9d9db2b46c\"},\"headline\":\"China&#8217;s Central Bank Chief Reaffirms Tight Money Policy for 2008 &#8211; 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