China Money Rate Falls Most in Three Weeks as Li Signals Easing

China’s benchmark money-market rate dropped by the most in three weeks after Premier Li Keqiang signaled the nation may take steps to boost economic growth.

The seven-day repurchase rate fixing snapped an 11-day gain, the longest rising streak since October 2007, after Li said China can’t ignore the “difficulties and risks” caused by increasing stress on the economy, according to a statement on the government’s website. China has policies in reserve to deal with any volatility this year, he said in the comments made at a March 26 meeting.