Chinese rate hikes could benefit Japan

December 28th, 2010
in Background

IBTimes:  The People's Bank of China (PBOC) hiked its benchmark lending rate by 25 basis points to 5.81 percent and the benchmark deposit rate by 25 basis points to 2.75 percent over the last weekend.  China’s decision to raise interest rates could turn out to be positive development for Japan, according to a a Tokyo-based economist.

Follow up:

"We in Tokyo see this as an indicator that the [Chinese] government is moving towards exchange rate hikes and this is, of course, positive for Japan," Martin Schulz, senior economist at Fujitsu Research Institute told CNBC on Monday. “[It is seen as] positive for the competitiveness of not only Japan, but for many Asian economies.”  Read more.....

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved