New York Times |
China Moves to Free Up Money in Its Economy
New York Times The People's Bank of China decision came as two sectors strongly affected by monetary policy — real estate and heavy industry like steel production — have become the two biggest brakes on the country's economy. The Reserve Bank of India made a … China pumps 0 billion into banks to boost economy China cuts bank reserves to 'keep economy stable' To speed up economy, China's central bank makes borrowing cheaper |