China Keeps Benchmark Lending Rates Unchanged
China kept its benchmark lending rates unchanged in November, according to official data released Thursday, as the world's second-largest economy remains on track to meet its growth target this year.
The one-year loan prime rate was held steady at 3.0% and the five-year rate was unchanged at 3.5%, said the People's Bank of China. The rates have remained at these levels since May, as strong export growth has reduced the need for additional stimulus.
China's economy expanded 5.2% in the first three quarters from a year earlier, above the government's growth target of around 5.0% for 2025.
Economists say Beijing is unlikely to introduce new stimulus measures for the rest of the year, despite signs of a slowdown in the final quarter, as the country's economy is already on track to meet the growth target.
Write to Singapore Editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
November 19, 2025 20:38 ET (01:38 GMT)
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