rate cut
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China Slashes Benchmark Rates To Help Save Sliding Economy
Camille Harthy | | May 11, 2015 06:56 AM EDT |
The People's Bank of China on May 10 slashed the country's benchmark deposit and loan interest rates by 25 basis points, a move expected to help improve the country's slowing economy, state-owned Xinhua News Agency reported the same day.
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China HSBC PMI Up in February But Official Factory Output Contracts
Dino Lirios | | Mar 02, 2015 09:33 AM EST |
China's HSBC/Markit Purchasing Manager's Index (PMI) last month expanded to 50.7, the strongest reading since July last year, up from 49.7 in January, on increased overall new orders.
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