China’s government has hinted at a monetary policy that would diverge from that of other major economies such as the United States. Photo: AP
China’s government has hinted at a monetary policy that would diverge from that of other major economies such as the United States. Photo: AP

China economic policy easing ‘would be no surprise’ after Beijing signals rate cut

  • Move would be the first cut in more than a year, and analysts say it would step up financial support for the economy, which could boost job growth
  • However, some small and medium-sized enterprises ‘would continue to operate in difficult conditions’ even if banks are encouraged to lend more money, one economist warns