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China Cuts Lending Rate as Its Economic Growth Slows - New York Times

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China Cuts Lending Rate as Its Economic Growth Slows - New York Times
Jun 7th 2012, 12:35


Moneycontrol.com

China Cuts Lending Rate as Its Economic Growth Slows
New York Times
HONG KONG — Faced with a sharply slowing economy, weak exports and faltering investment, China unexpectedly announced late Thursday that it would cut interest rates by a quarter of a percentage point. The action, by the People's Bank of China, ...
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