Chinese central bank offers balm to nervous markets with surprise MLF injection

Chinese central bank offers balm to nervous markets with surprise MLF injection

By Winni Zhou, Andrew Galbraith SHANGHAI (Reuters) – China’s central bank surprised markets on Monday with an injection of medium-term liquidity into the banking system, which traders and analysts saw as an attempt to calm nerves shaken by a string of recent bank defaults. ‘obligations. FILE PHOTO: A man wearing a mask walks past the […]

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