Lardy Says China Rate Rise Aimed to Slow Property Market: Video
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Lardy Says China Rate Rise Aimed to Slow Property Market: Video

Oct. 19 (Bloomberg) -- Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, discusses China's decision to raise its benchmark lending and deposit rates. China's one-year lending rate will increase to 5.56 percent from 5.31 percent, effective tomorrow, according to the People's Bank of China. (Source: Bloomberg) (Bloomberg)

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