{"id":7908,"date":"2006-06-06T07:43:51","date_gmt":"2006-06-06T14:43:51","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2006\/06\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/"},"modified":"2006-06-06T07:43:51","modified_gmt":"2006-06-06T14:43:51","slug":"china-has-no-immediate-plan-to-raise-interest-rates-bloomberg","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/","title":{"rendered":"China Has No `Immediate’ Plan to Raise Interest Rates – Bloomberg"},"content":{"rendered":"

From Bloomberg News:<\/p>\n

People’s Bank of China Governor Zhou Xiaochuan<\/a> said he has no “immediate” plan to raise borrowing costs and will study the effects of April’s surprise increase before deciding whether to tighten more.<\/p>\n

“We are still monitoring the results of the last interest rate increase, and there won’t be any further measures immediately,” Zhou told reporters before the start of a banking forum in Beijing today. The bank unexpectedly raised its benchmark one-year lending rate on April 28 for the first time in 19 months.<\/p>\n

Zhou wants to cool a surge in lending and investment that the World Bank says raises the risk of a sudden slowdown in the world’s fourth-largest economy. Excessive spending on factories and real estate is driving raw-material prices higher, leading to pressure on inflation to quicken, the bank said May 31.[Full Text]<\/a> <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

From Bloomberg News: People’s Bank of China Governor Zhou Xiaochuan said he has no “immediate” plan to raise borrowing costs and will study the effects of April’s surprise increase before deciding whether to tighten more. “We are still monitoring the results of the last interest rate increase, and there won’t be any further measures immediately,” […]<\/p>\n","protected":false},"author":76,"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":[3349,2850,492,1074],"class_list":["post-7908","post","type-post","status-publish","format-standard","hentry","category-economy","tag-financial-markets","tag-financial-reform","tag-interest-rate","tag-zhou-xiaochuan","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nChina Has No `Immediate' Plan to Raise Interest Rates - Bloomberg<\/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\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Has No `Immediate' Plan to Raise Interest Rates - Bloomberg\" \/>\n<meta property=\"og:description\" content=\"From Bloomberg News: People’s Bank of China Governor Zhou Xiaochuan said he has no “immediate” plan to raise borrowing costs and will study the effects of April’s surprise increase before deciding whether to tighten more. “We are still monitoring the results of the last interest rate increase, and there won’t be any further measures immediately,” […]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\" \/>\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=\"2006-06-06T14:43:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mo Ming\" \/>\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=\"Mo Ming\" \/>\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\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\"},\"author\":{\"name\":\"Mo Ming\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/aef0bcd18439f04715fb3dd47b41f2a1\"},\"headline\":\"China Has No `Immediate’ Plan to Raise Interest Rates – Bloomberg\",\"datePublished\":\"2006-06-06T14:43:51+00:00\",\"dateModified\":\"2006-06-06T14:43:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\"},\"wordCount\":148,\"publisher\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\"},\"keywords\":[\"financial markets\",\"financial reform\",\"interest rate\",\"zhou xiaochuan\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\",\"url\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\",\"name\":\"China Has No `Immediate' Plan to Raise Interest Rates - Bloomberg\",\"isPartOf\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#website\"},\"datePublished\":\"2006-06-06T14:43:51+00:00\",\"dateModified\":\"2006-06-06T14:43:51+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/chinadigitaltimes.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China Has No `Immediate’ Plan to Raise Interest Rates – Bloomberg\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#website\",\"url\":\"https:\/\/chinadigitaltimes.net\/\",\"name\":\"China Digital Times (CDT)\",\"description\":\"Covering China from Cyberspace\",\"publisher\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/chinadigitaltimes.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\",\"name\":\"China Digital Times\",\"url\":\"https:\/\/chinadigitaltimes.net\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.jpg\",\"contentUrl\":\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.jpg\",\"width\":186,\"height\":177,\"caption\":\"China Digital Times\"},\"image\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ChinaDigitalTimes\",\"https:\/\/x.com\/cdt\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/aef0bcd18439f04715fb3dd47b41f2a1\",\"name\":\"Mo Ming\",\"url\":\"https:\/\/chinadigitaltimes.net\/author\/mo-ming\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"China Has No `Immediate' Plan to Raise Interest Rates - Bloomberg","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/","og_locale":"en_US","og_type":"article","og_title":"China Has No `Immediate' Plan to Raise Interest Rates - Bloomberg","og_description":"From Bloomberg News: People’s Bank of China Governor Zhou Xiaochuan said he has no “immediate” plan to raise borrowing costs and will study the effects of April’s surprise increase before deciding whether to tighten more. “We are still monitoring the results of the last interest rate increase, and there won’t be any further measures immediately,” […]","og_url":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/","og_site_name":"China Digital Times (CDT)","article_publisher":"https:\/\/www.facebook.com\/ChinaDigitalTimes","article_published_time":"2006-06-06T14:43:51+00:00","og_image":[{"width":186,"height":177,"url":"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png","type":"image\/png"}],"author":"Mo Ming","twitter_card":"summary_large_image","twitter_creator":"@cdt","twitter_site":"@cdt","twitter_misc":{"Written by":"Mo Ming","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#article","isPartOf":{"@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/"},"author":{"name":"Mo Ming","@id":"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/aef0bcd18439f04715fb3dd47b41f2a1"},"headline":"China Has No `Immediate’ Plan to Raise Interest Rates – Bloomberg","datePublished":"2006-06-06T14:43:51+00:00","dateModified":"2006-06-06T14:43:51+00:00","mainEntityOfPage":{"@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/"},"wordCount":148,"publisher":{"@id":"https:\/\/chinadigitaltimes.net\/#organization"},"keywords":["financial markets","financial reform","interest rate","zhou xiaochuan"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/","url":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/","name":"China Has No `Immediate' Plan to Raise Interest Rates - Bloomberg","isPartOf":{"@id":"https:\/\/chinadigitaltimes.net\/#website"},"datePublished":"2006-06-06T14:43:51+00:00","dateModified":"2006-06-06T14:43:51+00:00","breadcrumb":{"@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/chinadigitaltimes.net\/2006\/06\/china-has-no-immediate-plan-to-raise-interest-rates-bloomberg\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/chinadigitaltimes.net\/"},{"@type":"ListItem","position":2,"name":"China Has No `Immediate’ Plan to Raise Interest Rates – Bloomberg"}]},{"@type":"WebSite","@id":"https:\/\/chinadigitaltimes.net\/#website","url":"https:\/\/chinadigitaltimes.net\/","name":"China Digital Times (CDT)","description":"Covering China from Cyberspace","publisher":{"@id":"https:\/\/chinadigitaltimes.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/chinadigitaltimes.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/chinadigitaltimes.net\/#organization","name":"China Digital Times","url":"https:\/\/chinadigitaltimes.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/chinadigitaltimes.net\/#\/schema\/logo\/image\/","url":"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.jpg","contentUrl":"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.jpg","width":186,"height":177,"caption":"China Digital Times"},"image":{"@id":"https:\/\/chinadigitaltimes.net\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ChinaDigitalTimes","https:\/\/x.com\/cdt"]},{"@type":"Person","@id":"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/aef0bcd18439f04715fb3dd47b41f2a1","name":"Mo Ming","url":"https:\/\/chinadigitaltimes.net\/author\/mo-ming\/"}]}},"_links":{"self":[{"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/posts\/7908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/comments?post=7908"}],"version-history":[{"count":0,"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/posts\/7908\/revisions"}],"wp:attachment":[{"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/media?parent=7908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/categories?post=7908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chinadigitaltimes.net\/wp-json\/wp\/v2\/tags?post=7908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}