What Today's Shock Chinese Rate Cut Really Means

This morning at 7:00 AM, the People’s Bank of China came out with a surprise Chinese rate cut.

It’s a sure sign that the country is really worried about a hard landing. But what does it mean for the US and the global economy?

We discussed it in a short video.

Produced by Daniel Goodman

Don’t Miss:

analysing Airtime, The Startup Sean Parker and Shawn Fanning Launched Yesterday

The US Economy Succumbs To The Global Slowdown

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.