China's economy hardly falling off a cliff, but troubles are mounting


In tandem with the cuts, the central bank said it would no longer set a ceiling on the rates that banks may pay depositors.HONG KONG: As China confronts a persistent slowdown in growth, its government moved to pump more money into the economy, stimulus measures that could create other challenges for the country.

Chinese officials on Friday mostly followed a well-worn playbook, putting in effect a number of measures designed to help lower corporate borrowing costs. The central bank cut interest rates for the sixth time in less than a year, and it freed up banks to lend more money for the fourth time sin .. 


Comments

Post a Comment

Popular posts from this blog

यहाँ हुन्छ सर्पहरुको रहस्यमय बैठक, भेला हुन्छन् हजारौँ सर्प (भिडियो सहित)

Image
ते १०:१९ मा प्रकाशित भलै झ्वाट्ट सुन्दा यो अजीब लाग्नसक्छ तर दुनियामा एउटा यस्तो ठाउँ पनि छ जहाँ सर्पहरुको बैठक बस्दछ । सर्पहरुको त्यो अनौठो भेलामा विभिन्न प्रकारका हजारौँ सर्पहरु जम्मा हुन्छन् । सर्पहरुको बैठकस्थलको रुपमा रहेको उक्त ठाउँ हो क्यानडाको मान्टिटोबा स्थित नार्सिस स्नेक डेन्स । त्यो ठाउँमा सर्पहरुको डरलाग्दो बिस्कुन देख्न सकिन्छ । धेरै सर्पहरु एक आपसमा गुजुल्टिएका हुन्छन् । सर्पहरुको बैठक वर्षैभर चल्दैन । अपि्रलको अन्तिम तथा मे को सुरुवाती हप्तामा यो बैठक चल्दछ । त्यहाँ जम्मा हुने मध्ये गार्टर प्रजातिका सर्पहरुको संख्या बढि हुनछ । नार्सिस इलाकामा किन त्यति धेरै सर्पहरु भेला हुन्छन् भन्ने कुराको रहस्य अहिलेसम्म पनि पत्ता लाग्न सकेको छैन । तर वैज्ञानिकहरुले भने तापक्रम बढेसँगै भाले सर्पहरुको सरीरमा हर्मोन उत्पादन हुने र सोही हर्मोनका कारण यौनक्रियाका लागि सबै भालेहरु एकैपटक सक्रिय हुँदा सर्पहरुको त्यो भिमकाय भेलाको दृश्य देखिने बताएका छन् । यौनक्रिडाका लागि आतुर दर्जनौँ भाले सर्पहरु एउटै पोथी सर्पमाथि गुँडुल्किएर बेरिएको देख्न सकिन्छ।  https://www.youtube....
Read more

Growing Families That Stay Put Some families are crowding together for the sake of preserving close-knit neighborhood relationships, especially those forged among children.

Image
Ryan and Moira Goepfert were elated when they were selected for student housing at Columbia University. The move would put them in a renovated doorman building across from campus, and it would save them $600 a month in rent. But after Mr. Goepfert visited the quiet hallways of the university building, the couple turned down the offer. “Almost 100 percent of the reason was our daughter, Grace, and the relationships she’s built on our floor,” said Mr. Goepfert, 34, who is pursuing a degree at Columbia’s School of General Studies. The Goepferts live in a one-bedroom rental on West 119th Street in  Harlem . Their floor has six children between the ages of 4 months and 7 years and the family next door has a baby on the way. Especially in the winter, the children hang out in the 12-by-15-foot landing outside the elevator. They ride their scooters down the hallway and kick around a ball. While their children are playing, the families keep their doors unlocked. “As the kids have come ...
Read more

As tensions play out at home, powerful Pakistani general heads to US for talks

Image
ISLAMABAD:  Days before Pakistan’s powerful army chief was due to visit Washington for talks on regional stability and fighting militancy, General Raheel Sharif engaged in thinly veiled criticism of the nuclear-armed country’s civilian government. A terse statement from the army’s PR wing underlined the tension between Pakistan’s military and its civilian government, just as the United States prepares to receive Sharif weeks after the prime minister held talks there. After top generals met to review a major crackdown on extremists, the Pakistani military said it would be “undermined” if the government did not take “matching governance initiatives”. That was taken to mean police reform, action on militant financing and better governance of restive tribal areas. “He (Sharif) is foreign minister, prime minister, president and army chief all rolled into one,” said a Pakistani newspaper editor, while also questioning the military’s motives. “His greatest achievement is that h...
Read more