China is expected to keep its benchmark lending rates unchanged on Monday, marking a fourth straight month of stability despite the Federal Reserve’s move to cut rates last week. A Reuters survey of 20 analysts unanimously predicted no change, leaving the one-year loan prime rate (LPR) at 3.00% and the five-year at 3.50%.While recent data points to slowing momentum in the Chinese economy, policymakers appear reluctant to roll out large-scale stimulus, with resilient exports and a rally in domestic equities reducing pressure for action. The People’s Bank of China last week left its seven-day reverse repo rate—the main policy rate—unchanged, reinforcing expectations that the LPR will remain steady.Most lending in China is tied to the one-year LPR, while the five-year rate guides mortgage pricing. Both rates were last trimmed by 10 basis points in May. ---PBOC LPR Moves (2024–2025)--- This article was written by Eamonn Sheridan at investinglive.com.