China Leaves Key Interest Rates Unchanged in October as Economic Data Shows Signs of Recovery

China kept its benchmark lending rates unchanged in October, matching market expectations as economic data suggests recovery.

Steady rates follow the central bank's decision to roll over medium-term loans while keeping interest rates unchanged.

Better GDP and retail sales data indicates less need for monetary support.

Bearish yuan sentiment seen as factor against further rate cuts to avoid pressure.

Analysts don't rule out potential rate cuts in coming months as deflation risks linger.