Reported 1 day ago
China is anticipated to keep its benchmark lending rates unchanged in the upcoming monthly fixing, as most analysts are predicting stability despite the ongoing trade conflict with the U.S. The trade war has placed pressure on the yuan, leading markets to speculate on future economic stimulus measures, though any rate cuts would depend on managing the impact on the currency. The recent economic data shows growth, but concerns over future downturns remain due to escalating tariffs.
Source: YAHOO