Neumann on China Inflation, Bank Reserve Ratio

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June 14 (Bloomberg) -- Frederic Neumann, an economist at HSBC Holdings Plc, talks about China's decision to raise bank reserve requirements after inflation accelerated to the fastest pace in almost three years in May. A half percentage point increase announced by the central bank today and effective June 20 will take the ratio to a record 21.5 percent for the nation’s biggest lenders. Neumann speaks with Erik Schatzker, Deirdre Bolton and Scarlet Fu on Bloomberg Television's "InsideTrack." (Source: Bloomberg)


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