In an unprecedented move since November 2022, the PBoC has provided its banking system with a liquidity boost of 789 billion yuan, equivalent to 103 billion euros. This has been channeled through its one-year medium-term lending facility (MLF) at a steady rate of 2.5%. Analysts are keenly watching, predicting that China's benchmark LPR could remain unchanged this week. This is based on the MLF rates, which have maintained consistent reference rates