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China trims 1-year rate, but unexpectedly leaves 5-year rate unchanged

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.

China stocks regain some lost ground on cenbank s rate cut

China stocks recouped early losses on Tuesday after the central bank lowered a short-term policy lending rate in a bid to restore market confidence, although economic worries and geopolitical. | June 13, 2023

China stocks end up on central bank s rate cut, stimulus hopes

China stocks closed up on Tuesday after the central bank lowered a short-term policy lending rate in an effort to restore market confidence, although economic worries and geopolitical risks limited. | June 13, 2023

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