Lending Rates - Khabar Asia

China Cuts Benchmark Lending Rates to Boost Economic Growth

My News2024-10-2103 mins

China has cut its benchmark lending rates for the third time this year, reducing the one-year LPR to 3.1% and the over-five-year LPR to 3.6%, in a move to stimulate economic growth and investment.

China Lowers Lending Rates to Boost Economic Recovery

My News2024-07-2203 mins

China has reduced its benchmark lending rates to stimulate the economy, lowering both the one-year and over-five-year loan prime rates. The move aims to reduce financing costs and bolster economic growth.