The Conversation

China’s interest rate cut is mixed blessing for the world economy

02-12-2014 Author: The Conversation USA

The People's Bank of China recently cut interest rates to stimulate the economy. But it probably won't fix the real problem. Reuters

China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy,...

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