Friday, July 20, 2007

CHRONOLOGY: China's measures to cool its economy

(Reuters) - JULY 20, 2007 - Central bank raises one-year deposit rate 0.27 percentage point to 3.33 percent and the one-year lending rate by 0.27 percentage point to 6.84 percent, effective July 21. Sight deposit rate also raised to 0.81 percent from 0.72 percent.




JULY 1, 2007 - China reduces or abolishes value-added tax rebates on 37 percent of its export categories to deter exports of energy-intensive products.


Read more at Reuters.com Business News

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