China expected to keep lending benchmark unchanged
Benchmark interest rates are part of the main drivers of China’s economy. One-year loan prime rate (LPR) stands at 3.85 %, while the five-year tenor was at 4.65%. China’s Gross domestic product (GDP) shrank 6.8% in the first quarter from a 2019 first quarter as the Coronavirus outbreak and tough containment measures paralyzed activity across…