13.01.2010 - CIC official says China may raise rates before Fed
From Bloomberg: A China Investment Corp. official said the Asian nation may raise benchmark interest rates before the U.S. because it faces a greater risk of an asset bubble, Market News International reported today. The U.S. dollar is unlikely to fall further this year, and the outlook for the yen isnít promising, Peng Junming, an official in the asset allocation and strategic research department of Chinaís $300 billion sovereign wealth fund also was quoted as saying..........................................Full Article: Source
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