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China has lifted reserve requirements for commercial banks by 50 basis points in an effort to slow the economy. The latest exports and imports data show China imported 38 per cent more in November than a year earlier while exports were up by 35 per cent over the year. The data comes ahead of Chinese inflation1 figures due out this weekend. It's expected the robust2 data will prompt another interest rate rise in the country.
1 inflation | |
n.胀大,夸张,通货膨胀 | |
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2 robust | |
adj.强壮的,强健的,粗野的,需要体力的,浓的 | |
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3 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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4 refrained | |
抑制,克制,戒除( refrain的过去式和过去分词 ) | |
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