The "Dusk" of Interest Rates: Chinese Households Are Fighting the Rate-Cut Wave with "One-Time Payments"
```
Ultra-long-term government bonds, large-denomination certificates of deposit with the longest maturities, even whole life insurance policies—financial products that lock in interest rates for the long term are becoming the choice of some “far-sighted” Chinese families.
The continuous decline in interest rates since 2023 has made many investors increasingly sensitive