China has kept its benchmark lending rates steady for the fifth consecutive month in March, as expected by the market. The one-year loan prime rate (LPR) remains at 3.1%, and the five-year LPR stays at 3.6%. Most new and outstanding loans in China are based on these rates, influencing economic activities and mortgages. China has kept its benchmark lending rates steady for the fifth consecutive month in March, as expected by the market. The one-year loan prime rate (LPR) remains at 3.1%, and the five-year LPR stays at 3.6%. Most new and outstanding loans in China are based on these rates, influencing economic activities and mortgages. Economic Times
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