China cut its benchmark lending rate for the second time in a year to reduce borrowing costs for companies. Now, the one-year loan prime rate has been reduced to 3.85% from 4.05%.

China cuts its benchmark lending rate 2nd time to reduce borrowing costs for companies

china-bank-loan

China Bank Loan, News on China Bank Loan, stories on China Bank Loan, articles on China Bank Loan, China Bank Loan stories at Wion, China Bank Loan news, China Bank Loan latest news

china bank-loan

China cuts its benchmark lending rate 2nd time to reduce borrowing costs for companies