

The People’s Bank of China has left its one-year and five-year loan prime rates unchanged for a sixteenth consecutive month, signalling policy stability as Beijing balances growth support against financial risks.

The People’s Bank of China has left its one-year and five-year loan prime rates unchanged for a sixteenth consecutive month, signalling policy stability as Beijing balances growth support against financial risks.
Sixteen months of calm. Then the dam goes, and the little people find out what “managed” always meant.