Translation. Region: Russian Federal
Source: People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, May 20 (Xinhua) — China on Tuesday cut its one-year lending rate (LPR) to 3.0 percent from the previous 3.1 percent.
According to a report from the National Interbank Finance Center, the LPR rate for a term of more than five years was reduced to 3.5 percent from 3.6 percent.