When Li Zhen went to renew the 50,000 yuan ($6,824) she had locked into a 5-year fixed deposit back in 2020, she was taken ...

BEIJING, Jan. 20 (Xinhua) -- China's central bank conducted 123 billion yuan (about 17.11 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent on Monday. The move aims ...

Lowered LPRs have kept loan interest rates at historically low levels. According to the latest data from China's central bank, the interest rate for newly issued corporate loans was approximately 3.43 ...