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      The Wall Street Journal

      China’s Major Commercial Banks Cut Deposit Rates Again

      China’s Major Commercial Banks Cut Deposit Rates Again · The Wall Street Journal
      Tracy Qu
      Thu, Oct 17, 2024, 9:18 PM 2 min read

      In This Article:

      601398.SS
      -0.32%

      Major Chinese banks have cut their deposit rates, a move that could help ease pressure on lenders’ profits.

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