Relevant:
- China to Intensify Housing Curbs in Some Cities to Rein in Price Increases
- China Raises Rates On Holiday; Inflation May Surge Again
- Inflation Endangering China `Dream' Spurs Wen Pledge on Prices
- Chinese Home Prices Heat Up Again, As Government Gets Cold Feet
- First Premier Bank Credit Cards… Now at 79.9% Interest! Thank you, Mr. President.
2011-04-06 — blogspot.com
"In an unexpected move to curb soaring inflation China hiked interest rates for the 4th time since October. Premier Wen noted a threat to social stability and stated “Exorbitant†house price increases in some cities are a top public concern."
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