[The Officer-in-Charge of the Bank’s Asian Economic Research and the Chief Economist of China stated: “We are still not expected to lower policy interest rates during the year, taking into account the prior and future downwards and savings rates, we believe that it is possible for LPR to downsize 10BP in the year”. ] Over the past two weeks, key economic data for April have been centrally published, and most manufacturing PMI, foreign trade data, credit data are significantly less than expect...

[The Officer-in-Charge of the Bank’s Asian Economic Research and the Chief Economist of China stated: “We are still not expected to lower policy interest rates during the year, taking into account the prior and future downwards and savings rates, we believe that it is possible for LPR to downsize 10BP in the year”. ] Over the past two weeks, key economic data for April have been centrally published, and most manufacturing PMI, foreign trade data, credit data are significantly less than expect...