Monetary Policies Unlikely to Ease

The central bank announced a 0.25-percentage-point increase effective The People's Bank of China (PBOC),the central bank,announced on April 5th that it would raise bank's benchmark one-year borrowing and lending rates by 0.25 percentage points effective April 6th; rates of other deposit and lending and Personal Housing Accumulation Fund Loan would also be adjusted accordingly.Loan rate for terms of more than three years would climb by 0.20 percentage points,with a smaller scale than deposit rate of the same terms.

The centrat bank announced a 0.25-percentage-point increase effective The People＇s Bank of China （PBOC）, the central bank, announced on April 5th that it would raise bank＇s benchmark one-year borrowing and lending rates by 0.25 percentage points effective April 6th;