{"id":90547,"date":"2023-09-01T02:00:44","date_gmt":"2023-09-01T02:00:44","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=90547"},"modified":"2023-09-01T02:00:44","modified_gmt":"2023-09-01T02:00:44","slug":"rate-cuts-chinas-state-banks-face-margin-squeeze-as-they-comply-with-the-call-to-slash-mortgages-to-aid-an-ailing-property-market","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=90547","title":{"rendered":"Rate cuts: China\u2019s state banks face margin squeeze as they comply with the call to slash mortgages to aid an ailing property market"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostBanks will cut rates on 16 trillion yuan (US$2.2 trillion) of existing first-home loans, helping households save up to 109 billion yuan in interest, ANZ says. The cut will have a tangible impact on profit margins.<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3233026\/chinas-state-banks-face-profit-squeeze-they-comply-beijings-call-mortgage-rate-cuts-aid-property?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostBanks will cut rates on 16 trillion yuan (US$2.2 trillion) of existing first-home loans, helping households save up to 109 billion yuan in interest,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/90547"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90547"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/90547\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90547"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}