China keeps loan prime rates unchanged from Jan 2025
China's one-year loan prime rate (LPR) was today kept unchanged from last month at 3.1 per cent, according to the National Interbank Funding Centre. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from 3.6 per cent earlier. The country has stepped up counter-cyclical adjustments in the face of downward pressure on the economy since last year.
China's one-year loan prime rate (LPR) was today kept unchanged from last month at 3.1 per cent, according to the National Interbank Funding Centre.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from 3.6 per cent earlier.
The country has stepped up counter-cyclical adjustments in the face of downward pressure on the economy since last year.
