China Unexpectedly Cuts Interest Rate as World Markets Sag
China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.
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China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.
A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country's customs authority.
The ravenous came for a taste of home in a dish of spicy fried beef or steamed fish head. Waiters, speaking in Mandarin, delivered plates heated with green and red chiles.
SHANGHAI -- Chinese stocks deemed risky by mainland exchanges have tumbled after the government vowed to set higher standards for companies to stay publicly listed, highlighting the delicate balancing act Beijing faces in reforming its capital markets without spooking investors.