China’s Latest Banking Move Shows How Nervous It Is About Its Economy — Fortune

 

China’s mainland markets tumbled on their first trading day following the central bank’s decision to cut the amount of cash that the country’s lenders keep in reserve. Normally China’s markets see a boost after the Golden Week holiday, but the Shenzhen and Shanghai composites fell 3.8% and 3.7%, respectively. And markets around the Pacific felt…

via China’s Latest Banking Move Shows How Nervous It Is About Its Economy — Fortune

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