China Reports Negative Deposit Rate for 7th Consecutive Month

By Shenzhen News Online
Published: 2010-09-13
China's CPI growth rate increased by 3.5% in Ausust, a 22-month high. But the country's one-year deposit rate is now 2.25%, making its actual deposit rate -1.25%. This is the seventh month in a row the country has reported a negative deposit rate.

Source
Shenzhen News Online

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