"This rate hike suggests that the March CPI that is to be released early next week may have surprised to the upside," said Morgan Stanley economist Wang Qing in a note.

摩根·士丹利(Morgan Stanley)经济学家王庆在一份报告中写道，本次加息暗示将于下周初公布的3月份CPI可能超出市场预期出现上涨。

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During the depths of the financial crisis, when money was being sought for Morgan Stanley from CIC, Hank Paulson, then America's treasury secretary, called Mr Wang for his blessing (and got a lukewarm reception).

ECONOMIST: China's financial system