https://www.reuters.com/article/us-china-economy-mlf/china-central-bank-cuts-medium-term-loan-rate-for-first-time-since-2016-as-growth-cools-idUSKBN1XF05K
We had stated that China would only cut its interest rate after it had figured out how to rein in its property prices. We told you that China couldn't alienate itself from the global rate-cutting frenzy.
http://sg-stock.blogspot.com/2019/10/when-will-china-reduce-its-interest.html
True enough, China cut its interest rate after the announcement of its recent property measure.
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