Latest News China’s central bank trims 1-year rate, but unexpectedly leaves 5-year rate unchanged Published 1 month ago on August 21, 2023 By Lyron Foster Most household and corporate loans in China are based on the PBOC’s one-year loan prime rate, while mortgages are pegged to the five-year rate. Related Topics: Up Next Major shipping routes are struggling with water shortages. El Niño could make it worse Don't Miss Value investing is having a moment in China. Here are some funds that are winning Lyron Foster Lyron Foster is a Hawaii based African American Musician, Author, Actor, Blogger, Filmmaker, Philanthropist and Multinational Serial Tech Entrepreneur. Continue Reading You may like Comments
