
China’s LPR Rate Cut: A Boost for Market Confidence
China cuts its one-year LPR to 3.0% and over-5-year LPR to 3.5%, lowering borrowing costs to boost market confidence and support a stable housing market.
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China cuts its one-year LPR to 3.0% and over-5-year LPR to 3.5%, lowering borrowing costs to boost market confidence and support a stable housing market.
The Chinese mainland lowers benchmark lending rates, easing borrowing for new home buyers and young entrepreneurs.