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Top News In China Loan Rate Today - Breaking & Trending Today

China cuts key mortgage rate for first time since June to prop up economy

China’s five-year loan prime rate, which commercial banks use as a benchmark to adjust their mortgage rates, was lowered from 4.2 to 3.95 per cent, the People’s Bank of China said on Tuesday. ....

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China holds lending benchmarks, but 'two sessions' a 'good time' to cut rates, signal economic support

China’s one-year loan prime rate (LPR) was kept at 3.65 per cent, while the five-year LPR was also left unchanged, but despite recovering economic momentum, some analysts expect rates will ease after the ‘two sessions’ in March. ....

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China keeps lending rates steady, opts for 'targeted measures' to help firms hit by coronavirus wave

China has left its one-year loan prime rate (LPR) at 3.7 per cent, while the five-year LPR used for mortgages was unchanged at 4.6 per cent, showing a more cautious approach to supporting the economy. ....

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