'But recent signs of a recovery in China's economy reduce the possibility of multiple rate cuts, which means Banks' interest margins may hit bottom in the second quarter,' Ms. Wang said.
2
但本轮降息举措似乎是认为相对于中国的通胀,一年期存款利率4.14%的水平已经很低了。
But the move seems to recognize that at 4.14% for a one-year deposit, such rates are already low relative to China's inflation.
3
他说,降息使得美金下跌,提高的流动性进入高速增长的新兴市场,例如中国及中东地区。
He argues that the interest-rate cuts that have prompted the dollar to fall have produced a surge in liquidity in fast-growing emerging markets such as China and the Middle East.