News Snapshot:
The one-year loan prime rate (LPR) was kept unchanged at 3.85 per cent, while the five-year LPR remained at 4.65 per cent – as widely expected by the market Official data on Monday showed China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution China’s one-year loan prime rate (LPR) was kept unchanged at 3.85 per cent, while the five-year LPR remained at 4.65 per cent – as widely expected by the market. China kept its benchmark lending rate for corporate and household loans steady for the sixth straight month at its October fixing on...
