China's New Loan Prime Rate Could Fall Further

Posted by Jimmy Zhu on Aug 20, 2019 1:25:00 PM

China's new one-year reference rate, pledged to the medium-term lending facility rate at the same tenor, has the scope to drop further in the coming months.

Read this CGTN report by Chief Strategist Jimmy Zhu as he explains the reasons behind possible adjustments to the MLF rate.