Comments by China premier, Li Keqiang

  • This has weighed on small and private firms
  • Says China will aim to lower borrowing costs by 1% for small and private firms
  • Says will fine tune monetary policy while being prudent
  • Money supply is reasonably sufficient

That will certainly help with sentiment on the ground as it gives businesses something to look forward to and adds to his comments about the RRR as seen here earlier in the day.