LPR - Khabar Asia

China Cuts Benchmark Lending Rates to Boost Economic Growth

My News2024-10-2105 mins

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

China Maintains Benchmark Lending Rates Amid Real Estate Policy Shifts

My News2024-05-2003 mins

China’s central bank keeps benchmark lending rates unchanged in May, maintaining the one-year LPR at 3.45% and the over-five-year LPR at 3.95%. Experts highlight potential impacts on the real estate market.