Growth of Chinese economy in 2010 leads to increase in interest rates

From http://www.chinapost.com.tw/business/asia-china/2011/01/20/288422/Chinas-economy.htm and http://www.chinapost.com.tw/china/business/2011/02/09/290428/China-hikes.htm (in English)

Mainly due to investments in property, Chinese economy grew by 10.3% in year 2010. Experts worry about a potentially finantial bubble related to the property market, since a large portion of transactions are believed to be speculative. December inflation rate was 4.6%, which made the full year value reach 3.3%.

In order to prevent inflation from increasing to higher figures, in early February 2011 China's central bank has raised interest rates for the second time in just over a month, and for the third time since last October.