China Banks to Cut Rates on Mortgages, Deposits

The video discusses China's financial landscape, focusing on mortgage rate changes and their impact on home buyers and banks. It highlights the financial stress in China, particularly in the shadow banking sector, and the challenges faced by the property sector, including liquidity issues and debt risks. The discussion includes potential measures by Chinese banks to cut rates and the implications for the broader economy.

What signs of financial stress are currently evident in China?

What challenges is Country Garden facing in the current financial climate?