People's Bank of China needs to do whatever it takes to boost economy
It has fewer conventional tools than in 2008-09 but can still deliver shock to system
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
After months of watching the economic outlook darken, China's central bank finally seems ready to do something about it. Perhaps something big, even.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
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