Reported 1 day ago
In February, China kept its benchmark lending rates unchanged, signaling a cautious approach to monetary stimulus as it navigates financial stability amid trade tensions with the U.S. The one-year loan prime rate remains at 3.10%, and the five-year rate at 3.60%. With the yuan weakening and banks facing narrowing interest margins, any monetary easing seems limited. Despite an increase in new yuan loans in January, annual lending growth has hit a record low, reflecting sluggish credit demand amid economic uncertainties post Trump's election.
Source: YAHOO