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.
Economy
China shelves monetary easing in test of economy's recovery
PBOC holds rates steady amid indications banks are preparing to lend more
An Industrial and Commercial Bank of China branch in Beijing. Financial institutions have been encourage to increase lending to the manufacturing sector. © Reuters
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