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الاقتصادية - CNN

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China Keeps Interest Rates Stable for 13th Month

China Keeps Interest Rates Stable for 13th Month

Markets expect China to keep its benchmark lending rates unchanged for the thirteenth consecutive month in June, at 3.00% for one-year loans and 3.50% for five-year loans, amid slowing domestic demand and a mixed economic growth pattern characterized by a rebound in manufacturing and a decline in the real estate market. This comes as the government continues to monitor the market closely and avoids large-scale stimulus packages, while the central bank maintains its dominance over short-term markets, with expectations of a symbolic 10 basis point rate cut in the second half of the year.

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