From today's Beijing Times (京华时报)
The left hand percentage is the first-time homebuyer down payment, the percentage on the right is the second home down payment. To the right of each is the interest rate discount/premium. All second home mortgages are charged a 10% premium (the far right column), but four banks are offering 10% discounts to new homebuyers. They are Bank of China (中国银行), Agricultural Bank of China (中国农业银行), Huaxia Bank (华夏银行), and Citibank (花旗银行).
Global soft landing or no landing?
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JPM with its global growth tracker. A weaker-than-expected 1.6%ar US GDP
gain last quarter reduced our tracking estimate for 1Q24 global growth to
3.1%ar...
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