Large commercial banks in China are planning to lower some deposit rates starting Friday, softening a blow from mortgage-rate cuts.

Large commercial banks in China are planning to lower some deposit rates starting Friday, softening a blow from mortgage-rate cuts. #press

https://www.wsj.com/economy/global/chinese-banks-plan-deposit-rate-cuts-to-cushion-pain-from-a-faltering-economy-6191d8d8?utm_source=press.coop