China keeps lending rates steady, opts for ‘targeted measures’ to help firms hit by coronavirus wave

//China keeps lending rates steady, opts for ‘targeted measures’ to help firms hit by coronavirus wave

China keeps lending rates steady, opts for ‘targeted measures’ to help firms hit by coronavirus wave

China has left its one-year loan prime rate (LPR) at 3.7 per cent, while the five-year LPR used for mortgages was unchanged at 4.6 per cent, showing a more cautious approach to supporting the economy.

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By | 2022-04-20T05:03:04+00:00 April 20th, 2022|Business|Comments Off on China keeps lending rates steady, opts for ‘targeted measures’ to help firms hit by coronavirus wave