China keeps lending interest rates unchanged despite less positive economic data

Detailed Summary

The People's Bank of China (PBoC) maintained the 1-year lending prime rate (LPR) at 3% and the 5-year at 3.5%, marking the seventh consecutive month of no policy change. Real estate weakens, China's economy decelerates in October More optimistic signals from the Chinese economy after efforts to stabilize the market China prepares the 15th Five-Year Plan for socio-economic development