Headquarters of the People's Bank of China (PBOC), the central bank,  in Beijing, China. REUTERS/Jason Lee/File photo SHANGHAI/SINGAPORE   -China kept benchmark lending rates unchanged at a monthly fixing on Wednesday, matching market expectations, as fresh signs of economic stabilization and a weakening yuan reduced the need for immediate monetary easing. Recent economic data showed the world's second-largest economy was picking up steam, while yuan declines have reduced the urgency for authorities to aggressively lower interest rates to prop up slowing growth.

https://business.inquirer.net/422041/china-leaves-benchmark-lending-rates-unchanged-as-expected

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