Chinese markets may witness a first relax controls over borrowing costs according to the announcement of Mr. Zhou Xiaochuan the governor of the central bank, with widening the range of deposit rates in a part of changes in financial industry rules.

Where the governor Zhou sees a moderate inflation pressure in the nation's economy, and stability in financial markets, as he seeks to modify the borrowing cost during the upcoming meeting which is scheduled to be held next week, adding that Zhou is waiting for the suitable time to act, as adjustments have been complicated by inflation and capital inflows.