China keeps the key interest rate for annual loans at 3%.

BEIJING, JULY 20, WAM/ Today, China kept the key interest rate for one-year loans at 3 percent, to remain unchanged from the previous month.

The key interest rate for loans for terms of more than five years, which many lenders rely on to determine mortgage rates, also remained unchanged from the previous reading of 3.5 percent, according to the National Center for Interbank Finance.

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