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ForexGen | China Says Impact of Global Crisis Deepening

Impact of global crisis on China deepening, official warns job losses could fuel instabilityChina's top economic planner warned Thursday that the impact of the global financial crisis is worsening and said rising job losses could fuel instability.Beijing announced its biggest interest rate cut in 11 years on Wednesday to boost consumer and company spending, reflecting its growing urgency about reviving... [read more]


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