China keeps main interest rates on loans unchanged ‎

The main interest rates on one-year loans in China remained unchanged. China News Agency (Xinhua) stated that the interest rate, which is a standard market-based lending rate, reached 3.65 percent today, unchanged from the previous month, narrowing that the main interest rate for loans for more than five years, on which many lenders rely. In mortgage rates, it remained unchanged from the previous reading of 4.3 percent, according to the National Center for Interbank Finance.