BEIJING -- The People's Bank of China kept its benchmark lending rates unchanged for a sixth straight month Monday, focusing on injecting liquidity to bolster an economy hampered by a sluggish real estate market.
PBOC counts on lending to fuel growth with limited impact of cheaper mortgages
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The People's Bank of China kept its benchmark lending rates unchanged for a sixth straight month on Feb. 20. © Kyodo
BEIJING -- The People's Bank of China kept its benchmark lending rates unchanged for a sixth straight month Monday, focusing on injecting liquidity to bolster an economy hampered by a sluggish real estate market.