PBOC won't hike rates if economy grows

China will not raise interest rates as long as the nation's economy keeps growing, People's Bank of China Vice Governor Su Ning said at a symposium in Tokyo, the Nihon Keizai Shimbun reported.

"(China) will not raise interest rates if the economy continues to grow at a rate of 8-9 pct," the newspaper quoted Su as saying.

Referring to the timing of the rate hike, he said: "We will raise interest rates at an appropriate time by an appropriate margin.".

Su said the Chinese government "has an abilit