Reported about 8 hours ago
Chinese state media reported that the country should carefully choose the timing and strength of any monetary easing to support its economy, which is currently facing trade tensions with the U.S. Recent statements from the central bank suggest that while there is still room for policy loosening, immediate interest rate or reserve requirement cuts are unlikely. The focus is on balancing economic support with risk management, as financial stimulus alone may not lead to sustainable consumption growth.
Source: YAHOO