People’s Bank of China

  • China Leaves Key Lending Rates Unchanged to Support Recovery

    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…