Chinese bank tries to ease market nerves after SOE debt shocks – Reuters India

Chinese bank tries to ease market nerves after SOE debt shocks – Reuters India

By Andrew Galbraith, Winni Zhou SHANGHAI, Nov. 16 (Reuters) – China’s central bank on Monday injected more than 120 billion yuan into the country’s banking system to calm nerves after a series of debt shocks involving state-owned enterprises (SOE ) led to a bond sale last week. Although the People’s Bank of China (PBOC) has […]

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