So why did China's central bank raise reserve requirements for six banks earlier this month and raise interest rates (by 0.25%) earlier this week for the first time in almost three years?
2
中国央行上个月加息,监管机构已采取措施收紧本已严格的资本流入管制。
China's central bank raised interest rates last month, and regulators have moved to tighten the nation's already strict controls on capital inflows.
3
本周二,中国央行进行了本年度第二次加息。
China's central bank raised interest rates for the second time this year on Tuesday.