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

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: