China's Slowing Growth Points to More Easing Ahead

Cotton yarn at a factory in Dali county, Shaanxi province, China. Photograph by Nelson Ching/Bloomberg

It’s been a week of weak numbers for the Chinese economy, suggesting more easing measures could come later this year. While China’s central bank has reduced bank reserve requirements twice recently, once in November and again in February, interest rates have not been cut since the global financial crisis in 2008; one-year lending rates are now at 6.56 percent.

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