China Securities Journal say PBOC to cut interest rates further

Paraphrasing the remarks:

• China has made it clear that it wants to stabilize growth
• People's Bank of China has already taken some measures in this direction
• In the future, the People's Bank of China's policy interest rate, market benchmark interest rate and market interest rate will all decline further

No specifics of when were offered up, "In the future" will have to do.

China is still implementing zero covid-19 Covid-19 Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil and volatility across financial markets in 2020. The first cases of Covid-19 were reported in Wuhan, China in late 2019. Since then, the virus has expanded globally, infecting millions worldwide. The virus has been extremely controversial, namely in the United States, which became heavily politicized during the 2020 presidential election. The Covid-19 pandemic is completely unprecedented in modern ti Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil and volatility across financial markets in 2020. The first cases of Covid-19 were reported in Wuhan, China in late 2019. Since then, the virus has expanded globally, infecting millions worldwide. The virus has been extremely controversial, namely in the United States, which became heavily politicized during the 2020 presidential election. The Covid-19 pandemic is completely unprecedented in modern ti Read this Term policies which weighs on the economy and has global implications also. Earlier:

China has partially locked down the cities of Shanghai and Shenzhen

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