Summary | The new rates take effect today.Exports fell 15 per
cent in March before a further 6.4 per cent decline last
month.Last month, the PBOC said it would prioritise liquidity
as a further slowdown was seen.Yesterday's cuts are the third
since the previous two reductions in November and March.But
analysts say banks are unlikely to offer the maximum ...
scmp.com | 21 May 2015