Further rate cuts in China – Bank of China cuts yuan deposit rates

<p>Banks in China are cutting rates, this from earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/icymi-chinas-industrial-bank-cuts-yuan-deposit-rates-20230831/" target="_blank" rel="follow" data-article-link="true">ICYMI – China's Industrial Bank cuts yuan deposit rates</a></li></ul><p>More from China overnight:</p><ul><li><a href="https://www.forexlive.com/news/icymi-chinas-state-council-announced-an-income-tax-reduction-aimed-at-consumption-boost-20230831/" target="_self">ICYMI: China's State Council announced an income tax reduction aimed at consumption boost</a></li><li><a href="https://www.forexlive.com/news/china-to-cut-home-buyers-minimum-down-payment-and-mortgage-rates-20230831/" target="_self">China to cut home-buyers' minimum down payment, and mortgage rates</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.