Japan recession deepens, China cuts rates
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081222/2008_12_21t225854_450x298_us_financial.jpg?x=130&y=86&q=85&sig=5mm5cu9OxlTa.cMw3dVB1g--" align="left" height="86" width="130" alt="A businessman passes the Bank of Japan (BOJ) building in Tokyo December 19, 2008. (Yuriko Nakao/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081222/bs_nm/us_financial)Reuters - China cut interest rates on Monday and Japan warned it was sliding deeper into a recession encroaching steadily on the global economy, closing factories and throttling trade.</p><br clear="all"/>
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