[lbo-talk] With China in fold, central banks have rich ally

[uvj at vsnl.com]

With China in fold, central banks have rich ally
http://www.reuters.com/article/reutersEdge/idUSTRE497B3520081008?sp=true

Wed Oct 8, 2008

By Emily Kaiser and Mark Felsenthal

WASHINGTON (Reuters) - The world's humbled economic powerhouses are reaching
out to developing countries to help solve the credit crisis, and China's
involvement in a coordinated interest rate cut suggests they are willing to
join the fight
http://www.reuters.com/article/reutersEdge/idUSTRE497B3520081008?sp=true