China leaves one-year benchmark rate unchanged for the 11th month in a row, as expected (update)
(update throughout the text)
ANNONS
China left, as expected, the one-year benchmark rate, loan prime rate, unchanged at 3.00 percent. The rate has now been unchanged for eleven consecutive months.
The five-year benchmark rate was also left unchanged, as expected, at 3.50 percent.
China's economy is expected to continue growing in 2026, but growth is forecast by Beijing to be the lowest since the 1990s.
