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Parry International Says China Rate-Hike Delay Caused ‘Anxiety’

Gavin Parry, managing director of Hong Kong-based Parry International Trading Ltd., comments on China’s third interest-rate increase since October.

China’s benchmark one-year lending rate will increase to 6.06 percent from 5.81 percent, effective tomorrow, the People’s Bank of China said on its website today. Parry made the comments in a telephone interview.