Interest rates to stay 'relatively low' says Zhou

People's Bank of China Governor Zhou Xiaochuan said in an interview the country will keep interest rates "relatively low" to help boost consumer spending and eliminate a trade surplus that has led to tensions with Europe and the US.

China's central bank chief Zhou Xiaochuan revealed the country will keep interest rates "relatively low."

"For the time being, we probably won't increase interest rates", Zhou, 57, said in an interview in Basel, Switzerland, where he's attending a meeting of central

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