The Pros and Cons of a PBOC Rate Cut as China's Economy Slows
A pedestrian walks past the People’s Bank Of China (PBOC) headquarters at night in the financial district of Beijing, China (Photographer: Tomohiro Ohsumi/Bloomberg)  

The Pros and Cons of a PBOC Rate Cut as China's Economy Slows

(Bloomberg) -- A decision on cutting interest rates in China weighs the need to bolster the slowing economy with the objectives of curtailing the debt buildup and preventing a slump in the currency.
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