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China's interest rate cut by 0.25 percentage point and lowering of the reserve requirement for banks by the PBOC in August 2015
08/25/2015
The action was designed to offset the volatility in the stock markets in July and August 2015 and the declining investor confidence in the economy.
Grouped Articles
China Again Cuts Interest Rates as Concerns Mount Over Economy
New York Times 08.25.2015
China Eases but Stench of Crisis Remains
Wall Street Journal 08.26.2015
China Cuts Interest Rates for Sixth Time Since November
New York Times 10.23.2015
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