China Central Bank Cuts Rates as Economy Slows


China Central Bank Cuts Rates as Economy Slows
BY LINGLINGWEI
The Wall Street Journal Europe
May 11 2015

BEIJING— China is stepping up monetary-easing measures in the face of a worse thanexpected economic slowdown, as authorities scramble to ease the heavy debt burdens of companies and governments. The People’s Bank of China said Sunday it would shave a…read more…

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