Interest rates in China have not changed – WORLD
The People’s Bank of China did not change its base lending rate (LPR) in November after September and October. It remained at the level of 0.30. likely to cut the 5-year LPR by 10.15 basis points in the next few months. There is a possibility that the 5-year LPR will be cut by 5 basis points in December to overcome the downturn in the real estate market,” he said.
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