China Leaves Key Lending Rates Unchanged to Support Recovery

ByFegea

China’s central bank kept its one-year Loan Prime Rate (LPR) at 3.00% and the five-year LPR at 3.50%, signaling a cautious approach as policymakers balance economic growth with financial stability.

The decision follows recent measures to stimulate domestic demand and support the property sector. Analysts said authorities are waiting to assess the impact of earlier policy easing before considering additional interest rate cuts.

Investors are closely watching upcoming economic data, including industrial production and retail sales, for signs of whether China’s recovery is gaining momentum amid weak consumer demand and global trade uncertainty.

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