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flag China holds key lending rates steady at 3.1% and 3.6% to stabilize currency amid US trade tensions.

flag China kept its key lending rates unchanged, with the one-year loan prime rate at 3.1% and the five-year rate at 3.6%, aiming to stabilize its currency amid trade tensions with the US. flag This decision follows better-than-expected economic data, including a 5.4% growth in first-quarter GDP. flag Despite pressure from US tariffs, the People's Bank of China (PBOC) has maintained rates steady, in line with economists' expectations, though some predict more easing later this year.

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