Language:English

10 Pages

The tightening monetary policy since the end of 2007 has exerted its impact, with a slow down of economic growth. Inflation is relatively under control and the CPI has dropped.  During the past week, net money injected by PBOC reached 11.42 bn yuan. The interest rate of the PBOC bill remained unchanged. In addition, both the T-Bond index and corporate bond index fluctuated up a little while the trading volume shrank.