China banking
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Fifteen Months, One Page Unturned: The LPR and the Margin That Holds It Still
China’s benchmark lending rates have held at 3.0% and 3.5% for fifteen straight months. Curiously, the stillness is not inertia — it’s a 1.41% net…
China’s benchmark lending rates have held at 3.0% and 3.5% for fifteen straight months. Curiously, the stillness is not inertia — it’s a 1.41% net…