Expert Views – China cuts rates, relaxes RRR | Reuters

REUTERS - China's central bank (PBOC) cut interest rates and relaxed reserve requirements for the second time in two months on Tuesday, cranking up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. COMMENTARY: KAMEL MELLAHI, PROFESSOR OF STRATEGIC MANAGEMENT AT WARWICK BUSINESS SCHOOL: "The market is looking for some strong signs that China has enough ammunition and more importantly is willing to use it effectively to weather this storm.

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