China's interest rate adjustments beteen 2008 and 2015

Year 2008

Dec 23

A 27bps cut to the benchmark lending and savings rate, which were brought down to 5.31 and 2.25 percent respectively.

Nov 27

A 108bps cut to the benchmark lending and savings rate, which were brought down to 5.58 and 2.52 percent respectively.

A bank clerk counts renminbi banknotes at a bank in Shanghai, Mar 20, 2008. [Photo/IC]