Z-Ben says banks may be included eventually, but prefers not to hazard a guess on the future status of insurance companies.

咨奔觉得银行年夜略最终会被包括进去，但不肯冒险猜测保险公司将来可否同样如此。

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Michael McCormack is executive director at Shanghai-based research firm Z-Ben Advisors, which has been tracking the Chinese SWFs for years.

迈克尔•麦考马克（Michael McCormack）是上海研究公司咨奔商务咨询（Z-Ben Advisors）的执行董事。

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"It will probably take more than one interest-rate cut to put the economy on an upward trajectory, " said Howhow Zhang, head of research at Shanghai consulting firm Z-Ben Advisors.

WSJ: China Rate Cut Spooks Asia Markets