Logo 03 Aug 2023

No good choices

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Already a subscriber? Log in.

On Tuesday, the central bank said that it would look to guide down mortgage rates.

The report follows a July 14 press conference in which central bank (PBoC) officials called upon banks to “renegotiate [mortgage] contract terms” with existing borrowers.

Policymakers hope a cut in existing mortgage...