China's central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster a slowing economy instead of broad policy easing.
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China keeps benchmark lending rates unchanged despite slowing economic growth - CNBC
The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and 3.5%, respectively, keeping them unchanged for an eighth straight month.
By:Anniek Bao
Source:CNBC
Published:
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