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China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration. The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
RTTNews | 2 dagar sedan
China Economic Growth Hits Target On Stimulus
China's economy achieved its official growth target in 2024 as series of stimulus measures late last year revived industrial production and spending, and exports increased ahead of potential tariff hikes by the US administration. Gross domestic product expanded 5.4 percent on year in the fourth quarter, faster than the 4.6 percent growth in the third quarter, the National Bureau of Statistics re
RTTNews | 5 dagar sedan
China GDP Climbs 5.4% On Year In Q4
China's gross domestic product expanded 5.4 percent on year in the fourth quarter of 2024, he National Bureau of Statistics said on Friday - exceeding expectations for 5.0 percent and up from 4.6 percent in Q3.
RTTNews | 5 dagar sedan
