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China News Economy, Politics, Society, Regulation and Reform -- News by FT.com

China's central bank cuts interest rate

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Old Sep 15th, 2008, 07:50 PM     #1
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Default China's central bank cuts interest rate

After years of gradual rises aimed at fighting inflation, the People's Bank of China cut the benchmark rate in the face of global financial turmoil and signs of a slowing domestic economy

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