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China has room for more interest rate cuts....>

CHINA
CHINA: China has room for more interest rate cuts - former PBOC governor (RTRS)
- China still has room for more interest rate cuts, but it is unclear whether
that monetary easing could effectively avert a potential financial crisis, the
former central bank governor Zhou Xiaochuan said on Thursday. Zhou warned that a
low interest rate and low-inflation environment could leave the world vulnerable
to the next crisis and the world would need to figure out how to deal with it.
Zhou made the above comments at the Bloomberg New Economy Forum in Beijing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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