ＭＡＲＫＥＴ ＷＡＴＣＨ

ＬＩＵＹＵＮＹＵＮ

TOTHE POINT:The Chinese Government joined the world's cen-tral banks in cutting interest rates to revitalize confidence in China'sfinancial markets, which has been shattered by the fallout from theU.S. subprime mortgage crisis.