China will be cutting its rates very soon. - Part 2

https://www.channelnewsasia.com/asia/china-inflation-eases-december-provide-opportunity-rate-cuts-2429571

China has just announced a very benign inflation rate of 1.5% and this bodes well for its impending interest rate cut.

Therefore, China is likely to begin its QE soon in 2022 to boost its economy.