Interest rates cut again to spur growth

The central bank has rolled out the fifth interest rate cut in four months - in its latest attempt to shore up investment and boost the economy.
China announced on Monday that the benchmark interest rate will be cut by 27 basis points along with the reserve requirement ratio which will be dropped by half percent.
Europe, UK cut rates; UK expands money supply
$730b plan to expand railways
The Political Bureau of the Communist Party of China Central Committee convened a meeting on Friday, analyzing and studying the economic work of next year and setting out major tasks.
China's producer price index down 4.6% in Q1
Chinese Premier Wen Jiabao said Thursday that government stimulus moves to shore up the economy had begun to produce results, and the economy is now in a "better-than-expected" shape.