Wednesday, September 17, 2014

PBOC injects 500b yuan in 5 banks after dismal data; market surges





China’s central bank is injecting 500 billion yuan (HK$630.7 billion) into its five biggest commercial banks as Beijing grows increasingly wary on the pace of economic growth in the second half of the year.









via Business feed http://ift.tt/1woV0nr

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