• 11/11/2024

China’s state banks cut deposit rates to bolster economy, but officials at Lujiazui Forum remain tight-lipped

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s big five state-owned banks lowered deposit rates for the first time this year on Thursday, but top officials offered little clues on the opening day of the Lujiazui Forum.

https://www.scmp.com/economy/china-economy/article/3223402/chinas-state-banks-cut-deposit-rates-bolster-economy-officials-lujiazui-forum-remain-tight-lipped?utm_source=rss_feed