Edit Reading

Back to List

Basic Information

Title

Please enter a title.

URL

Please enter a valid URL.

Date

カテゴリID

画像ファイル名

統計情報

単語数: 373語

読了回数: 0回

作成日: 2025/05/20 23:00

更新日: 2025/12/08 04:03

本文

1. The People's Bank of China reduced the 1-year and 5-year Loan Prime Rates (LPR) by 0.1 percentage point each, affecting corporate loans and mortgage rates respectively.
    2. This is the first cut to these benchmarks since October 2019. A lower rate serves as a stimulus for businesses and housing demand.
    3. The reduction in rates comes amid weak domestic demand due to a prolonged real estate slump and ongoing trade war concerns with the United States.

A: Hey, did you catch the news?
   B: Nope, what's up?

A: China's central bank just lowered interest rates for businesses and homes!
   B: Really? When was that announced?

A: It happened on Tuesday. They cut the 1-year loan prime rate to 3.0% and the five-year rate to 3.5%.
   B: Oh, I see. So these rates help businesses get loans and homes get mortgages, right?

A: Exactly! These changes are like their main benchmarks for those types of loans.
   B: And they haven't done this since last October?

A: That's correct. They also lowered the short-term funding rate for commercial lenders back in May.
   B: I see, it seems the Chinese economy isn't doing too well with weak demand and worries about a trade war with the US.

A: Yeah, that's what I heard. It looks like they want to give their economy a boost with these interest rate cuts.

China&#039;s central bank has further eased policy to shore up the sluggish economy, cutting interest rates for corporate and housing loans.
        
                    
                  
The People&#039;s Bank of China on Tuesday trimmed the 1-year loan prime rate, or LPR, by 0.1 point to 3.0 percent. Commercial lenders use the rate as a benchmark when giving loans to corporate clients.
        
                    
                  
The bank also cut the five-year LPR by the same margin to 3.5 percent. That rate serves as a yardstick for mortgages.
        
                    
                  
The cuts to those benchmarks are the first since October last year.
        
                    
                  
The central bank lowered the seven-day reverse repo rate for short-term funding to commercial lenders on May 8. The bank sees that as its main policy rate.
        
                    
                  
Domestic demand remains weak amid a prolonged real estate slump. Concerns also linger about a trade war with the United States as tariff negotiations continue between the two countries.

本文を入力してください。

メモ

メモ・感想

キャンセル

Edit Reading

Basic Information

統計情報

本文

メモ

Send Report