China's policy interest rates, such.....>

CHINA PRESS: China's policy interest rates, such as those on medium lending

facilities (MLF), and open market operations (OMO), are further expected to drop

as part of broad loosening measures to stimulate growth, Ming Ming, analyst at

Citic Securities, wrote in a report. Lower rates may be bullish for the bond

market, though its impact on shares remains unclear, Ming wrote. Dovish outlook

by the U.S. Federal Reserve allows more room for China to reduce rates, while

statements by central bank officials on market-based rate reform, such as

"converging deposit and loan rates and money rates," signals lower-rate

intentions, he said.