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Chinese Banks Cutting Deposit And Loan Rates
13 mins·07:00, 30 Aug 2023
Chinese Banks Cutting Deposit And Loan Rates
13 mins
·
07:00, 30 Aug 2023
·
Recommended
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Guest: Carlos Casanova (Senior Economist), UBP
Without any warning the largest Chinese banks cut both mortgage and deposit rates. We ask Carlos Casanova, Senior Economist at UBP if this the stimulus needed to revive confidence and spending.
image Credit: Shutterstock
Presenter: Wong Shou Ning, Shazana Mokhtar, Mark Tan
Producer: Mike Gong
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