TITLE

China aids banks yet again

AUTHOR(S)
Investor's Business Daily
PUB. DATE
September 2014
SOURCE
Investors Business Daily;9/19/2014, pA02
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The central bank cut short-term interest rates, as authorities try to counter signs of a rapidly slowing economy. Earlier this week, the gov't reportedly injected $81 bil into the nation's top lenders. Chinese home prices fell a 4th straight month in Aug., declining in 68 of 70 cities surveyed. Sales are down 11% so far this year. Reports over the weekend showed slower growth in industrial output and investment.
ACCESSION #
98392756

 

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