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Chinese banks to offer discounted rates: poll

Over half expect the central bank to ease its lending restrictions
Thursday, July 24, 2014 - 06:00

[BEIJING] Chinese banks will probably offer discounted mortgage rates to their clients in the second half of this year as demand in the country's housing market weakens, according to a Bloomberg News survey.Banks will resume preferential mortgage rates, according to 74 per cent of analysts and

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