Yi Gang said, the local government without binding budget, cheap NBA Hats tend to ignore any cheap Beanies loan, the interest rate level. Even if the interest rate is very high, they can still cheap MLB Hats borrowing, which means Chinese in the marketization of interest rate is not ready. In addition, the marketization of interest rate will also push borrowing costs rise, already facing downward pressure on economic.
Yi said, China currently while advancing the marketization of exchange rate, interest rate liberalization and capital account convertibility discount hats and financial reforms, but these reforms are priorities.
previously, the central bank governor cheap NHL Fitted Hats Zhou Xiaochuan said at the Boao forum, to speed up the RMB interest rate marketization, the timing to expand the RMB deposit interest rate floating range of financial institutions, further improve the pricing power.
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