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China Unexpectedly Cuts Interest Rate as World Markets Sag

The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.

Keith Bradsher
Author: Keith Bradsher

Written by

Keith Bradsher

in

China, Economic Conditions and Trends, Interest Rates, People’s Bank of China, Renminbi (Currency), Stocks and Bonds
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