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China Leaves March Benchmark Lending Rates Unchanged for 10th Straight Month

  • China's one-year loan prime rate remained at 3 percent for the tenth consecutive month in March 2026.
  • The over-five-year LPR, which affects many mortgage rates, also stayed steady at 3.5 percent according to the National Interbank Funding Center.
  • Average interest rates on new corporate loans were about 3.1 percent in February 2026, 20 basis points lower than a year earlier, while new personal housing loans averaged 3.1 percent, 10 basis points lower year-on-year.
  • China plans to continue proactive fiscal policies and accommodative monetary policies in 2026 to reduce borrowing costs and boost investment and consumption.
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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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YUAN TALKS broke the news in on Thursday, March 19, 2026.
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