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Showing posts with label China's job market. Show all posts
Showing posts with label China's job market. Show all posts

7/08/2012

China rate cut a gamble that banks will boost economy

BEIJING (Reuters) - China's second surprise rate cut and lending reform in the space of a month shows that Beijing wants borrowing to play a greater role in reviving an economy struggling with its weakest pace of growth since the global financial crisis.