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PBOC rates seen on hold until fourth quarter

Central bank to cut one- year lending rate to 4.1% in Q4, say economists

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Mr Zhou said that the economy had a good start to the year and the fundamentals will remain sound in the long run.

Beijing

ECONOMISTS now see China's central bank keeping its main interest rate on hold until the fourth quarter, when policymakers will lower it to help safeguard a stabilising expansion.

The People's Bank of China (PBOC) will hold its benchmark one-year lending rate at a record