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United States Treasury Department has put China on Watch List

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.

Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing February 8, 2011.

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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