Interest rates in China have not changed – WORLD

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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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