China’s move to slash lending rates to help slowing growth may lack punch, as Chinese banks will likely remain reluctant to lower loan rates for fears of hurting their profits.
WSJ.com: What's News US, Wall Street Journal
Mon, 11/24/2014 - 5:06am
China’s move to slash lending rates to help slowing growth may lack punch, as Chinese banks will likely remain reluctant to lower loan rates for fears of hurting their profits.