China’s five-year deposit rate hit a 74-year low after the rate cut on December 22. Can you believe that this is the deposit interest rate for third world developing countries?
The survey shows that 70% of Chinese will continue to save and 30% will take action, involving $5 trillion. Source: Bank of China.Now all Chinese are discussing what to do with deposits. 🇨🇳 #China’s 30-Year Yield Hits Lowest Since ‘05 …