Monetary tightening seen on China's horizon

03/6/2013 | Wall Street Journal, The

Looking to China's ballooning property market and growing prospects of rising prices this year after a lull, recent signals emerging from the Chinese leadership indicate that a monetary tightening may soon be in order. Analysts expect the central bank to take cautious steps initially, such as selling bonds to banks, before resorting to a boost in interest rates.

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Wall Street Journal, The

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