Monday, June 11, 2007

China's Stocks Decline on Interest Rate Concerns After Inflation Rises

(Bloomberg) -- China's stocks dropped for the first
time in six days after inflation accelerated to a two-year high,
fueling speculation the central bank will raise interest rates to
cool the economy.

China Vanke Co., the nation's largest listed property
developer, and China Merchants Bank fell on concern that future
lending may be curbed.


Read more at Bloomberg Stocks News

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