International Economic

PBOC trims benchmark rates to fresh low

By Abigail Townsend

Date: Tuesday 20 May 2025

(Sharecast News) - China cut its key lending rates on Tuesday, as widely predicted, as the country looked to shore up the economy amid heightened trade tensions.
The People's Bank of China lowered both the one-year and five-year loan prime rates (LPR) by 10 basis points each, to 3.0% and 3.5%...

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