Chine Taux d'intérêt

The People's Bank of China (PBoC) kept its key lending rates unchanged for the fourth consecutive month in February, aligning with market expectations. The one-year loan prime rate (LPR), a benchmark for most corporate and household loans, was maintained at 3.1%, while the five-year LPR, a reference for property mortgages, remained at 3.6%. Both rates are at record lows following reductions in October and July last year. The decision came amid yuan fluctuations and US President Donald Trump's aggressive trade policy to boost the US economy through import taxes. Meanwhile, the PBoC recently stated it would tweak its monetary policy at the appropriate time to support the sluggish economy, including changes to interest rates and the bank reserve requirement ratio for commercial banks. Additionally, Beijing has committed to continuing a proactive fiscal policy this year, following a broader stimulus package introduced in September 2024.