China’s state banks cut deposit rates to bolster economy, but officials at Lujiazui Forum remain tight-lipped

By Frank Tang

China’s big five state-owned banks lowered deposit rates for the first time this year on Thursday, but top officials offered little clues on the opening day of the Lujiazui Forum.

Source: China’s state banks cut deposit rates to bolster economy, but officials at Lujiazui Forum remain tight-lipped