Figuring out what the People's Bank of China is doing can be as perplexing as parsing a statement from Alan Greenspan, the notoriously opaque former U.S. Federal Reserve chairman.
Now that the U.S. central bank has made it clear that any further economic assistance will have to wait until September -- if it comes at all -- the world is even more reliant on China, the second largest economy, to do what it can to support growth. Read More at Reuters
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