China gives banks more leeway and pumps liquidity to the system

Wednesday, August 26th 2015 - 06:08 UTC

Full article 1 comment

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. Read full article

Comments

Disclaimer & comment rules

yankeeboy
What in the world makes them think they need more debt?

They have no idea what they're doing.

They're making it worse

It is fun to watch tho...
Aug 26th, 2015 - 12:45 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!