China’s one-year loan prime rate (LPR) was cut from 3.55 per cent to 3.45 per cent, but the five-year LPR remained unchanged at 4.2 per cent, the central bank confirmed on Monday.

China’s one-year loan prime rate (LPR) was cut from 3.55 per cent to 3.45 per cent, but the five-year LPR remained unchanged at 4.2 per cent, the central bank confirmed on Monday.