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IS China's Rate Cut A Sign Of Coming Economic Problems?

  • Victor Beattie

Asian stocks gained Monday following the Chinese central bank's interest rate cut, the first in two years and a sign of official concern after growth in the world's second-largest economy tumbled to a five-year low of 7.3% in the third quarter. VOA's Victor Beattie spoke with Shane Oliver, chief economist of the Australian-based CMP Capital and asked if he was surprised by the move