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Bank

China Slashes Interest Rates Again

China's Central Bank has decided to cut interests rates again to combat an economic slowdown. This time by 5.1%. The move is aimed at helping boost development. President Xi Jinping remains hopeful that this is hardly end to his country's…

China’s Economy is Slowing

Amazingly enough, for the 1st quarter of 2015, China's economy continues to actually put up less than expected final numbers. Expanding by just 7% in comparison to the data from last year, China is on its slowest economic trajectory since…