China- the world's second-largest economy- is in the midst of a lengthy period of deflation. The announcement of this package on Sept. 24- with no total price tag attached- sparked a brief rally on China's stock market. The interest rate cut followed the U.S. Federal Reserve's move, which gave China's central bank more room to maneuver.
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Is having a landline good for your health?
Most Californians aren't insured for quakes
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News