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Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From a Faltering Economy – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From a Faltering Economy

Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From a Faltering Economy

Large commercial banks in China are planning to lower some deposit rates, ahead of anticipated mortgage-rate cuts that will further squeeze profit margins.

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