{"id":946,"date":"2004-10-28T19:43:54","date_gmt":"2004-10-29T02:43:54","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2004\/10\/28\/fears-grow-for-china-after-first-rate-rise-in-nine-years\/"},"modified":"2004-10-28T19:43:54","modified_gmt":"2004-10-29T02:43:54","slug":"fears-grow-for-china-after-first-rate-rise-in-nine-years","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2004\/10\/fears-grow-for-china-after-first-rate-rise-in-nine-years\/","title":{"rendered":"Fears grow for China after first rate rise in nine years"},"content":{"rendered":"
“China yesterday raised its benchmark interest rates for the first time in nine years, betraying its increasing concern about the future of its overheating economy.<\/p>\n
Oil and metal prices fell and mining stocks slumped on the London Stock Exchange after the central bank announced the 0.27pc point rise, which leaves the country’s one-year lending rate at 5.58pc. ”<\/p>\n