Showing posts with label China’s central bank. Show all posts
Showing posts with label China’s central bank. Show all posts

Monday, May 14, 2012

Amid Signs of Economic Weaknesses, China to Free Cash for Lending

China’s central bank announced late Saturday that it would loosen monetary policy in a clear effort to stimulate the economy after the release on Thursday and Friday of a batch of economic indicators for April that were considerably weaker than most economists had expected.