U.S. Secretary of State Antony Blinken's trip to China also will be in focus.
The PBOC earlier this month cut its medium-term policy loan rate for the first time in 10 months, paving the way for cuts in the benchmark LPR rates and bucking the global trend of raising rates to get inflation back down to policymakers' targets.is under heavy selling pressure - down 4% in the last couple of months and hovering at seven-month lows. Looser monetary policy will do little to reverse these dynamics.
Looking ahead and beyond China, investors have two other Asian monetary policy decisions this week to digest - Indonesia's Bank Indonesia and the Philippines Bangko Sentral ng Pilipinas on Thursday.
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