CHINA WON'T FOLLOW US ON INTEREST RATES: CENTRAL BANK.

(From Asia Pulse)

BEIJING, March 30 Asia Pulse - China will keep a close watch on various economic and financial indicators before making further adjustments to key interest rates, its central bank governor said in remarks published Tuesday.

Zhou Xiaochuan indicated that China was unlikely to follow the lead of the United States and other western economies in making frequent rate adjustments in line with shifting business cycles, the People's Daily said in an interview.

Unlike the United States and other major industrial countries, China's developing economy does not follow such predictable cycles, Zhou said.

"The Chinese economic cycles …