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Latest in Tag: Bank of China


Bank of China

China’s economic slowdown – India’s opportunity?

China’s recent downturn has led to a reassessment of global economic growth, with analysts pointing to how India may benefit from the slowdown. But is the South Asian nation set to become the world’s next growth engine? “The Chinese ‘normal’ has now changed. It is no longer the nine percent, 10 percent, 11 percent growth …

Deutsche Welle

Bank of China

China slashes interest rates to back economy

China’s central bank has once again cut interest rates and lowered the amount of cash banks must have on hand to ease pressure on lenders amid fears that the world’s second-largest economy could be slowing. The People’s Bank of China (PBoC) cut its benchmark lending and deposit rates by 0.25 percentage points on Tuesday, the …

Deutsche Welle

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