China maintains its lending criteria, concerned of policy divergence risks
Policymakers are wary of the risks that the yuan will depreciate and capital outflows if further easing is undertaken. The one-year loan prime rate (LPR) was kept at 3.70%, and the five-year LPR was unchanged at 4.45% on Thursday, September 19. China sat tight on its benchmark loaning rates for corporate and family credits, true … Read more