business / economy
3 hours ago

China Maintains Loan Prime Rates Amid Yuan Weakness, Eye on Tariffs

China Maintains Loan Prime Rates Amid Yuan Weakness, Eye on Tariffs
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7 Highlights
  • China keeps loan rates unchanged to stabilize economy.
  • Weak yuan pressures China towards cautious monetary policy.
  • Trump tariffs spur economic vigilance in Beijing.
  • People's Bank of China holds one-year, five-year rates steady.
  • China's economic plans address domestic challenges.
  • Rate stability expected amid international uncertainties.
  • China aims to curb inflation and support growth.
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