China's prolonged economic weakness has begun to affect the labor market, which has seen rising layoffs and companies' plans to freeze wages in 2015. Given Beijing's low tolerance for a deteriorating labor market, it may cut benchmark deposit rate by year-end to boost growth, says a research report by Standard Chartered. China’s economic downturn has […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.