PBOC Struggles to Find Balance With Rate Cut

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PBOC Struggles to Find Balance With Rate CutBY LINGLINGWEIThe Wall Street Journal EuropeJun 29 2015BEIJING--As the past trading week drew to a close, the People's Bank of China was getting increasingly nervous about the money evaporating from Chinese stocks after an effort to rein in shares backfired. Just a week or so earlier, China's central…

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