emirates7 - China's one-year loan prime rate (LPR), a market-based benchmark lending rate, stood at 3 percent on Wednesday, unchanged from the previous month.
According to the National Interbank Funding Centre, the over-five-year LPR - on which many lenders base their mortgage rates - also remained unchanged from the previous reading of 3.5 percent.
According to the National Interbank Funding Centre, the over-five-year LPR - on which many lenders base their mortgage rates - also remained unchanged from the previous reading of 3.5 percent.