China raises deposit reserve requirement by 0.5%
The central bank decided to raise the deposit reserve requirement ratio of commercial banks to a record high of 15.5%.
Wen says fully confident in controlling inflation
Chinese Premier Wen Jiabao said Tuesday that the government is fully confident in controlling inflation this year, although it will not be an easy job.
Wen: China to adopt monetary policies properly
Chinese Premier Wen Jiabao said on Tuesday that how to properly adopt various monetary policies is a great test to China.