SHANGHAI -- Chinese stocks rallied on Tuesday after the central bank announced a string of interest rate cuts and new measures to boost the market, as it battles an economic slowdown.
Lending rate cuts, stock market support facility follow U.S. Fed's shift to easing
The People's Bank of China has taken fresh action to support the sluggish economy. © Reuters
SHANGHAI -- Chinese stocks rallied on Tuesday after the central bank announced a string of interest rate cuts and new measures to boost the market, as it battles an economic slowdown.