China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged. The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was lowered by 10 basis points to 3.45% from 3.55%...
https://www.hellenicshippingnews.com/china-cuts-one-year-lending-benchmark-loan-prime-rate/