China's Zhou on prospects for a soft landing

Zhou Xiaochuan, governor of the People's Bank of China, believes that the central bank's measures to cool China's rapid growth and engineer a soft landing are working, states a report in China Securities Journal.

China's growth rate of 9.1% for the first three quarters of 2004 has been very rapid and is expected to cool over the next year, but it has also led to a buildup of bad debts and inflationary pressure in the Chinese economy. The central bank recently raised interest rates in an

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: