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Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping America and the world. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions. It is a subsidiary of The Pew Charitable Trusts.

Liberal Urge Gaining Support for Bank Policy

Interest Rate Reform is Now a Top Government Priority That Could Spawn a Lot More Financial Initiatives

The orchestra is tuning up for an interest rate liberalization initiative that financial analysts are calling music to their ears.

Recent high-level comments and policy statements heard in Beijing have clearly sounded a central government call for regulators to slowly relax bank lending and deposit rate controls, and thus give financial institutions more room to charge customers according to market conditions.