Tag Archives: Economy
Inflation and Interest Rates (通货膨胀跟利率) Posted by Stephen on Oct 21, 2010
If you’ve been following news out of China recently, issues of inflation or 通货膨胀 (tōng huò péng zhàng), have been making most major media network headlines. Just a few days ago, China’s Central Bank, in an surprise announcement, decided to raise interest rates or 利率 (lì lǜ) by .25 percentage points in an effort to…