Spy

Deepening its anti-espionage campaign, Beijing is pointing the finger at the CIA again over alleged spy recruitment. Meanwhile, China's "underwhelming" interest rate cut struggles to reignite subdued economic sentiment.

China said it's investigating a senior official who is allegedly spying for the CIA. But outside observers suspect that Beijing's claims of American spies are aimed at taking the public's attention away from the Chinese Communist Party's real trouble: an ailing economy.

China, ramping up "anti-spy" efforts, arrested a military worker they say was recruited into spying for the CIA on a study trip to Rome.

There are fears the move may also jeopardize the safety of American citizens or business people operating in China.