China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks

China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks

Sep 04, 2024
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China Daily Reads
China Daily Reads
China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks
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  • Officials proposed rate cuts of about 80 basis points: people

  • Move to boost household consumption, ease pressure on banks

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