Summary

China’s central bank kept its benchmark lending rates unchanged, focusing on targeted support for specific sectors to bolster the slowing economy. The decision comes amid concerns about a domestic demand slowdown, with nominal GDP growth at a 50-year low and retail sales growth at a three-year low. The PBOC plans to implement more proactive fiscal policies and moderately loose monetary policies to support a recovery in prices.

https://www.cnbc.com/2026/01/20/asia-pacific-markets-today-nikkei-225-kospi-hang-seng-index.html