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This is surely an fascinating content I chanced on this evening. I do not 100% concur using the article writer, however I found it being a great read.

China Rate Cut Hacks a Risky PathAlex FrangosThe Wall Street Journal EuropeJun 29 2015It didn't take much for the People's Bank of China to blink. After Chinese stocks cratered Friday--the culmination of a 10-trading-day run that erased nearly one-fifth of the stock market's value--China's central bank sprang a surprise quarter-point...read more...

http://vladimirbrody.com/2015/06/29/china-rate-cut-hacks-a-risky-path/