China holds benchmark lending rates steady for 15th month
The People's Bank of China left its benchmark lending rates unchanged on Thursday, August 20, 2026, holding the one-year loan prime rate at 3.00% and the five-year rate at 3.50%.
Understand the story, not the spin.
The People's Bank of China left its benchmark lending rates unchanged on Thursday, August 20, 2026, holding the one-year loan prime rate at 3.00% and the five-year rate at 3.50%.