China Cuts Interest Rates to Stimulate Slowing Economy

China’s central bank made the announcement on its website, saying that the one-year bank lending rate would drop 0.25 percentage point to 5.35 percent. [Source]

Origin: nytimes.com

Category: Economic Conditions and Trends

Topics: percent, point, percentage, would, lending, one-year, saying, website, announcement, central, China’s, Economy, Slowing, Stimulate, Rates, Interest, China

Source: http://rss.nytimes.com/c/34625/f/640350/s/43e45294/sc/30/l/0L0Snytimes0N0C20A150C0A30C0A10Cbusiness0Cchina0Ecuts0Einterest0Erates0Eto0Estimulate0Eslowing0Eeconomy0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm