As of mid-November 2020, the average interest rate for a personal housing loan in Chengdu was 5.93 percent which was the highest interest rate in the country. Compared to that, the lowest interest rate was in Shanghai with 4.69 percent. On a national average, the interest rate was 5.24 ...
On the other hand, a continued loose monetary policy in the region will put pressure on the competitiveness of life savings products relative to wealth management products offered by banks. And in China, the insurance regulator recently allowed a raising of the interest rate ceiling on universal l...