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Inspirations and Reflections |
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| Abstract: | On October 6,the Australia Reserve Bank increased its policy interest rate by 25 percentage points to 3.25 percent,the first central bank to do so after the outbreak of the financial crisis. Should China follow Australia in raising interest rates or adopt other policies to curb monetary inflation? Dr. MaJ un,chief economist for Greater China at Deutsche Bank,offered his insights in China Business News. Edited excerpts follow: |
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