Wednesday, November 26, 2008

China slashes rates to kick-start slowing economy - MarketWatch



BBC News
China slashes rates to kick-start slowing economy
MarketWatch - 54 minutes ago
By V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) -- The People's Bank of China Wednesday slashed its lending and borrowing rates by more than 1%, in addition to cutting banks' reserve requirements sharply, to deliver its strongest response yet to ...
UPDATE 2-China takes axe to interest rates to prop up growth Reuters
China Slashes Lending Rate to Support Slowing Economy (Update1) Bloomberg
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