China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China to Cut Rates on $5 Trillion Mortgages as Soon as September

China to Cut Rates on $5 Trillion Mortgages as Soon as September

Sep 12, 2024
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China Daily Reads
China Daily Reads
China to Cut Rates on $5 Trillion Mortgages as Soon as September
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  • Some banks are making final preparations for rate adjustments

  • Move may spur household consumption, hurt bank profitability

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