
China keeps key interest rates unchanged for 11 months as GDP grows 5 percent
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China maintained its key interest rates at current levels for the 11th consecutive month, as the world's second-largest economy continues its measured approach to monetary policy. The decision comes as China's gross domestic product expanded by 5 percent year-on-year in the latest quarter, meeting expectations for steady economic growth. The unchanged rates reflect Beijing's cautious stance as policymakers balance supporting economic recovery while managing inflation and financial stability risks.
