Reuters on remarks from Sun Guofeng, head of the People's Bank of China's monetary policy department
- considering measures to drive adjustments in financial institutions' lending rates for companies
- to improve credit flow into the economy
- "We hope (policy fine-tuning) will not surprise the market when it is introduced"
- "The PBOC has good communication mechanisms with other central banks including the U.S. Federal Reserve and the European Central Bank"
- communication with other countries is needed before introducing new policies or "creative monetary policy tools."
--
Reuters conveying a report in China Daily
