China yesterday kept its one-year loan prime rate (LPR), a market-based benchmark lending rate, unchanged from the previous month at 3.1 per cent.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from 3.6 per cent earlier.
It is believed by some quarters that China may unveil further policy intentions once Donald Trump takes office in January.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from 3.6 per cent earlier.
It is believed by some quarters that China may unveil further policy intentions once Donald Trump takes office in January.
