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Call to adjust interest rates

By Zhao Huanxin | China Daily | Updated: 2012-01-30 07:55

Call to adjust interest rates

Legislation 'best way' to deal with mass incidents

BEIJING - A former senior legislator has proposed that the authorities adjust interest rates to prevent inflation from eroding savings.

Cheng Siwei, former vice-chairman of the Standing Committee of the National People's Congress, the top legislature, also said that the government must use legislation to resolve an increasing number of mass incidents, or protests, rather than trying to "stifle" them.

Call to adjust interest rates

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