BEIJING -- China kept benchmark interest rates unchanged for a third straight month on Monday, holding off on cuts that could risk dragging down the yuan, though some question how long this will continue.
Policymakers may resort to rate cuts as economy slows
Up to now, China policymakers have favored directing liquidity to the struggling property market over broad tax cuts. © Reuters
BEIJING -- China kept benchmark interest rates unchanged for a third straight month on Monday, holding off on cuts that could risk dragging down the yuan, though some question how long this will continue.