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Rate cuts: China’s state banks face margin squeeze as they comply with the call to slash mortgages to aid an ailing property market

Rate cuts: China’s state banks face margin squeeze as they comply with the call to slash mortgages to aid an ailing property market

China’s state banks are confronting a margin squeeze as they adhere to a demand for reducing mortgages to support a struggling property market. Although rate cuts are aimed at stimulating economic growth, this move poses a challenge to banks that rely on interest income. As they comply with the call to slash rates, they must find ways to maintain profitability amidst growing concerns over a potential financial impact.

Worried About Interest Rate Hikes in 2023? Our Experts Share Home Loan Tips to Save Money

Worried About Interest Rate Hikes in 2023? Our Experts Share Home Loan Tips to Save Money

As interest rate hikes in 2023 loom, homeowners are growing concerned about the impact on their home loans. In this article, our experts provide invaluable tips on how to save money amidst rising rates. Discover strategies to refinance, negotiate with lenders, and make timely repayments to safeguard your financial future.

February 2023 BTO application rate “measured”; The Marq apartment sets new record with $100,000 monthly rent, and more

February 2023 BTO application rate “measured”; The Marq apartment sets new record with $100,000 monthly rent, and more

In February 2023, the BTO application rate was closely examined. Additionally, The Marq apartment achieved a remarkable feat with a monthly rent of $100,000, setting a new record. Stay informed with more news @[1](https://www.chegg.com/writing/features/apa-citation-generator).