BEIJING -- China's central bank kept lending rates unchanged on Thursday, adding to signs that it has put monetary stimulus on hold while it watches the progress of the nation's consumer-driven economic recovery.
The People's Bank of China's one-year loan prime rate, a reference for lending to blue-chip companies, stayed at 3.65%. The five-year rate, a benchmark for mortgage interest rates, remained 4.3%. Both are unchanged for eight months.
