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China cuts key interest rate for 5th time in 4 months

CHINA is cutting interest rates for the fifth time in four months to support its slowing economy. The central bank said this evening that the one year lending and deposit rate would be reduced by 0.27 percentage...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200812/20081222/article_385465.htm"> China cuts key interest rate for 5th time in 4 months </a> by -- CHINA is cutting interest rates for the fifth time in four months to support its slowing economy. The central bank said this evening that the one year lending and deposit rate would be reduced by 0.27 percentage... </p>