China set to keep lending benchmark LPR unchanged for 13th straight month

SHANGHAI (Reuters) - China's benchmark lending rate is widely expected to stay unchanged for the 13th straight month at its May fixing on Thursday, a Reuters survey showed. Twenty-two traders and analysts, or 92% of all 24 participants, in a snap Reuters poll conducted this week predicted no change in either the one-year Loan Prime Rate (LPR) or the five-year tenor.