Bullet points of China unexpectedly leaves benchmark lending rates unchanged after Fed's jumbo cut

Bullet points of China unexpectedly leaves benchmark lending rates unchanged after Fed's jumbo cut
- China's central bank kept its main benchmark lending rates unchanged
- The decision was made to maintain financial stability and focus on easing debt burden
- China's economy faces a prolonged property crisis and weakened consumer and business sentiment
- The move comes as China's retail sales, industrial production, and urban investment all grew slower than expected
- Urban jobless rate rose to a six-month high, while year-on-year home prices fell at their fastest pace in nine years