China's Central Bank Cuts Rates Again To Boost Economy

The government cut business taxes last week and has announced a pay hike for civil servants. Economic growth in the world's second-largest economy has declined steadily over the past two years, mostly as a result of government efforts to steer the economy to more self-sustaining growth based on domestic consumption and to reduce reliance on trade and investment.

Topics:  economic   economy   government   growth   
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