A securities firm in Tokyo displays China stocks. The PBOC cut interest rates after the Shanghai Composite Index closed more than 7 per cent down. Photo: Bloomberg

China cuts interest rates in bid to halt stock turmoil and reassure markets after 'Black Monday'

Decision to also cut lending limits comes as Premier Li Keqiang says there was no basis for continued depreciation of the yuan

Topic |   China Stock Turmoil 2015

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A securities firm in Tokyo displays China stocks. The PBOC cut interest rates after the Shanghai Composite Index closed more than 7 per cent down. Photo: Bloomberg
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