China's central bank Wednesday kept its benchmark lending rates unchanged, in line with market expectations, despite rising financial risks amid slowing economic growth.
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China’s central bank Wednesday kept its benchmark lending rates unchanged, in line with market expectations, despite rising financial risks amid slowing economic growth.
The People’s Bank of China said it held the one-year loan prime rate steady at 3.7% and the five-year rate at 4.45%, according to a statement published on its website.
The…