TOKYO -- The Chinese central bank on Tuesday kept two benchmark lending rates unchanged for this month, after financing extended by Chinese banks hit their lowest level in roughly a decade and a half.
Real estate slump continues to squeeze financing demand
Profit margins at Chinese commercial banks have hovered around a record low for months. © Reuters
TOKYO -- The Chinese central bank on Tuesday kept two benchmark lending rates unchanged for this month, after financing extended by Chinese banks hit their lowest level in roughly a decade and a half.