On Friday, the People's Bank of China (PBoC) unexpectedly cut interest rates.
According to Reuters, it is most likely a rate cut is not the last.
Exclusive: China ready to cut rates again on fears of deflation - sources
China is ready to further lowering of rates on fears of deflation - sources.
Lowering the rates was the first in more than 2 years, and shows, as noted by Reuters, the change rate of the Chinese leadership.