Tianlun Jian On the Rate Hike in China

The People’s Bank of China (PBOC), China’s central bank, made a surprising announcement on Christmas day.
Tianlun Jian On the Rate Hike in China
The People's Bank of China (PBOC), China's central bank made a surprising announcement on Christmas day that it will raise the one-year RMB benchmark deposit and loan rates by 0.25 percentage points respectively. Anthony Dickinson/AFP/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/buildings1012280106242320_1.jpg" alt="The People's Bank of China (PBOC), China's central bank made a surprising announcement on Christmas day that it will raise the one-year RMB benchmark deposit and loan rates by 0.25 percentage points respectively. (Anthony Dickinson/AFP/Getty Images)" title="The People's Bank of China (PBOC), China's central bank made a surprising announcement on Christmas day that it will raise the one-year RMB benchmark deposit and loan rates by 0.25 percentage points respectively. (Anthony Dickinson/AFP/Getty Images)" width="320" class="size-medium wp-image-1809919"/></a>
The People's Bank of China (PBOC), China's central bank made a surprising announcement on Christmas day that it will raise the one-year RMB benchmark deposit and loan rates by 0.25 percentage points respectively. (Anthony Dickinson/AFP/Getty Images)
Gao Zitan
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