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China holds its benchmark lending rates as Beijing assesses stimulus measures

CNBC
Summary
Nutrition label

89% Informative

The People's Bank of China kept major benchmark lending rates unchanged on Wednesday .

The 1-year LPR affects corporate and most household loans in China , while the LPR acts as a benchmark for mortgage rates.

China 's October economic data underscored lackluster momentum in the economy, despite recent stimulus announcements.

VR Score

95

Informative language

98

Neutral language

72

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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