Interest rate, RRR adjustments mooted

Measures may be taken in coming weeks to counter downside risks

Moderate inflation and the global dovish monetary environment may provide more room for the Chinese authorities to adjust money and credit supplies as a tool to counter downside risks if trade tension escalates, said economists.

Stronger counter-cyclical measures are expected in the coming weeks, including possible adjustments of interest rates or the reserve requirement ratio, to maintain ample liquidity in the financial market and support infrastructure investment, according to some economists after they viewed the new financing data released on Wednesday.