Can China avoid an economic slowdown
China's central bank has relaxed the rules on how much capital the country's lenders must hold in cash reserves as it seeks to maintain growth.
It is the fifth such time during the last year that the People's Bank of China (PBoC) has made such a move.
The measure comes amid growing concerns about weakening demand from Chinese consumers and businesses.
Apple shocked Wall Street when, on Wednesday evening, it said sales in its most recent quarter would be weaker than expected.
The measure is expected to free up a further £46bn and the PBoC said it hoped the move would "better satisfy the credit demands of small and micro enterprises".
News of the latest relaxation of the rules gave a boost to Chinese stock markets, which also received a fillip after it was announce...










