China must carefully time monetary policy easing

A recent article in the Shanghai Securities News emphasizes that China must carefully time and balance its monetary policy easing. It highlights the need to support the economy while managing risks and considers the impact of U.S.-China yield differences. The People's Bank of China announced plans to cut interest rates and reserve requirements at an appropriate time. Additionally, a report from Financial News suggests that easing measures should not solely focus on rate cuts, as financial stimulus alone may not boost consumption sustainably. China also introduced a 30-point plan to enhance domestic consumption. This move raises questions about whether it will be sufficient to stimulate the economy amid cautious expectations for further monetary easing.