Tag: hot money

• Monday, May 16th 2011 - 03:01 UTC

  China again hikes banks reserves requirements, fifth time this year

  

  In an attempt to cool inflation China’s Central bank raised banks’ reserve requirements for the fifth time this year. The half-point increase takes effect May 18 and will boost levels for China’s biggest lenders to a record 21%.

• Friday, April 15th 2011 - 18:44 UTC

  Top banker predicts speculative inflows will continue; China’s stats not so rosy

  

  Speculative money continues to flow into emerging markets, including China, and the situation is likely to continue over the long term, a top executive of China's largest commercial bank said Friday.