China's $50 billion move to avert cash crunch

China's central bank has been forced to pump nearly $50 billion into the financial system to prevent a second damaging cash crunch this year.

China's interest rates will have upside bias when freed: Central bank chief

BEIJING: China's borrowing costs will have a tendency to rise once controls on interests rates are lifted due to buoyant demand for funds, Central Bank Governor Zhou Xiaochuan said on Monday.

China money rates ease after central bank move, but still elevated

SHANGHAI, Nov 22 (Reuters) - China's money rates eased up this week after the central bank poured cash back into the market following an unusual mid-month spike last week, but traders remained on edge with rates elevated.

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.