Briefly

Nation leads APAC in data center investment

Direct investment in data centers in the Chinese mainland reached about $880 million in the first half of 2021, ranking top in the Asia-Pacific region, according to a recent report released by real estate services and investment firm CBRE Group. Total direct investment in data centers in the region amounted to $1.8 billion in the period, equivalent to 80 percent of last year's total. The investment is estimated to set a record this year, after an already record-breaking performance in 2020.

LPRs stay unchanged for 17 months

China's one-year loan prime rate, a market-based benchmark lending rate, remained unchanged at 3.85 percent, the level of the previous month, on Wednesday. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged at 4.65 percent, according to the National Interbank Funding Center. The lending rates have remained unchanged for 17 consecutive months since April 2020.

Xinhua - China Daily