The National Development and Reform Commission of the People's Republic of China (NDRC) says

  • China has 'big room' to guide interest rates down

That's a Bloomberg headline, no further details

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Also, PBOC deputy governor Yi Gang has had more remarks on the wires:

  • 14 day reverse repo gives the market more choice
  • PBOC will continue with 7-day RRs
  • 14 day RRs help ensure ample liquidity