Standard Chartered's Green Sees More Rate Cuts in China: Video PDF Print E-mail
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Thursday, 19 August 2004 21:11
Stephen Green, head of China research at Standard Chartered Bank Plc in Shanghai, talks with Bloomberg's Matt Miller about the People's Bank of China's decision to cut its key lending rate. The key one-year lending rate will drop 108 basis points to 5.58 percent, as China moves to spur a slowing economy. The move comes less than three weeks after China unveiled a 4 trillion yuan ($586 billion) stimulus plan. (Source: Bloomberg)
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Last Updated on Thursday, 27 November 2008 00:49