China's central bank acts on inflation as cities tame housing markets

02/19/2013 | Wall Street Journal, The · Caijing Magazine online

For the first time in eight months, China's central bank used a liquidity-draining tool to cool inflationary pressures, withdrawing 30 billion yuan from the banking system. Meanwhile, a number of Chinese cities took steps to cool their surging housing markets, prompting speculation that Beijing may soon act along the same lines.

View Full Article in:

Wall Street Journal, The · Caijing Magazine online

Published in Brief: