Source: China – South China Morning PostChina held off on an anticipated cut to its policy interest rates on Tuesday as headline economic data beat expectations, but it is “only a matter of time” before policymakers take action to support the cooling economy, analysts said.The People’s Bank of China (PBOC) kept the rate on 200 billion yuan (US$31.44 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.85 per cent.It had been widely expected that the PBOC would lower the…Read More