Jun 12 2025, 12:06 AM
QUOTE(yhtan @ Jun 11 2025, 04:00 PM)
a lot of china citizens saddled on huge property loans and still paying higher instalment and high interest on it
Now with China 10 years bond yield at 1.7%, the FD interest also reduce, government intend to let those their property loan to be refinance/restructure with a lower interest rate. If they manage to do this then there will be more spending power and stimulate their domestic economy.
how to take loan when unemployment rate is sky high Now with China 10 years bond yield at 1.7%, the FD interest also reduce, government intend to let those their property loan to be refinance/restructure with a lower interest rate. If they manage to do this then there will be more spending power and stimulate their domestic economy.
banks aren't stupid, they too need to assess their risks
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