China leaves benchmark lending rates unchanged for seventh month in a row in December

    • China kept its one-year loan prime rate (LPR) at 3.00 per cent and its five-year LPR at 3.50 per cent.
    • China kept its one-year loan prime rate (LPR) at 3.00 per cent and its five-year LPR at 3.50 per cent. PHOTO: REUTERS
    Published Mon, Dec 22, 2025 · 09:33 AM

    [SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.

    The one-year loan prime rate (LPR) was kept at 3.00 per cent, while the five-year LPR was unchanged at 3.50 per cent.

    In a Reuters survey of 25 market participants conducted last week, all participants predicted no change to either of the two rates.

    Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services