Voices calling for a rate cut by China’s central bank, the People's Bank of China (PBOC), are getting louder as Beijing faces a choice between stimulating the economy and preventing a steeper drop in its currency. Analysts cited in PBOC-backed financial news reports indicate that while #China has room to cut rates, it faces both internal and external constraints. State media further emphasize these constraints, highlighting the challenges in implementing interest rate cuts, as reported by a PBOC-backed newspaper.