China

China loan rate in spotlight as investors seek clues on health of world’s second-largest economy



China’s benchmark loan rate will be in the spotlight on Tuesday, with market participants divided over the need for more easing to support growth.The loan prime rate (LPR) could be lowered for the first time since early last year as a sign of further support for China’s slowing economy, according to four analysts including Ming Ming at the country’s biggest brokerage. Four others see no change in the rate at a monthly announcement on Tuesday.While data on Thursday allayed fears of a sharp…



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