The author is ANZ (The Australia and New Zealand Banking Group) Research China’s central bank launched a system for a loan prime rate (LPR) today, according to a statement posted on PBoC website. The LPR is similar to the indicative rate of interest at which banks lend to favored customers, ie, those with good credit, […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.