BEIJING - China has basically completed lowering the interest rate of existing mortgage loans, benefiting tens of millions of households, the central bank said in an article on Monday. According ...

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent Monday, unchanged from ...

BEIJING, July 21 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent Monday, unchanged from the previous month.