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Stock Investing > Mishs Global Economic Trend Analysis

Panic In China Over Jobs, Economy, Cotton

Mike Shedlock | Fri, 11/28/2008 - 9:15am | China |  Add a comment

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The Telegraph is reporting China slashes interest rates as panic spreads .Factory workers surround a damaged police car during a protest outside Kai Da toy factory in Dongguan, China. Photo: REUTERS The People's Bank of China cut interest rates by more than 1pc point as the economy crumbles
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