China weighs another rate cut

Source: WBP Online
© Scanpix/AP
China's Central Bank decided to cut the interest rates for the first time in two years, as the world's second largest economy needs stimulus to avoid further slowdown. China's leadership is facing problematic economic context - producer prices have been falling and consumer inflation is weak. As a result, they may need to prompt economic activity with more measures, such as even lower interest rates and lifting some of the limitations on giving loans.
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