Fitch says that recent easing in China may not be enough to revive new home sales<p>Analysts at Fitch Ratings says there expect limited space for mortgage rates to drop further from their already lowered levels.</p><ul><li>Say that's partly as banks are under pressure on net interest margins</li></ul><p>-</p><p>Not good news for China, the property sector is a key engine of growth in the country. </p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: Fitch says that recent easing in China may not be enough to revive new home sales (https://forexlive.com/news/fitch-says-that-recent-easing-in-china-may-not-be-enough-to-revive-new-home-sales-20221025/https://forexlive.com/news/fitch-says-that-recent-easing-in-china-may-not-be-enough-to-revive-new-home-sales-20221025/)
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