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China keeps key lending rates steady after May cut as U.S. trade deal eases growth worries

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Summary
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85% Informative

China kept its benchmark lending rates unchanged Friday .

The People's Bank of China held the 1-year loan prime rate at 3.0% .

The 5-year LPR serves as a benchmark for mortgage rates.

Last month , Chinese authorities cut the lending rates for the first time since October by 10 basis points.

Trade-war fears have receded after U.S. and Chinese trade representatives agreed to honor the consensus reached in Geneva in May .

VR Score

93

Informative language

98

Neutral language

43

Article tone

formal

Language

English

Language complexity

59

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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