Central Bank Injects Weekly Record 860 Bln Yuan into Economy
(Beijing) – The People's Bank of China conducted 410 billion yuan in reverse repo transactions on February 7, bringing the total liquidity injection into the economy to a record 860 billion yuan.
Amid rising demand for capital and just before the major February 9-15 Spring
Festival, the weekly liquidity injection was surpassed only by a 568 billion
injection through two reverse repos in October.
On February 5, the central bank carried out a 450 billion yuan reverse repo.
- Media Watch: Former Star Reporter Causes Stir with Smog Documentary
- Ant Financial Subsidiary Starts Offering Individual Credit Scores
- Attempt to Gain New Investor Failed, New China Life Insurance Says
- Graphics: Coming and Going
- The Week in Photos: February 21-27
- Oil Giants Dispute Reports that Gov't Is Considering Mergers
- Going Out
- The Soft Edge of Cut Paper
- The Sino-Russian Challenge to the World Order
- Kalidasa for the 21st Century Reader: Selected Poetry and Drama
- Sign up to receive our free daily newsletter
- Minsheng Tries Weathering a Maelstrom
- Three Private Shipping Companies Run into Financial Troubles
- Can Market Mechanisms Clear China's Bad Air?
- Closer Look: Local Officials Have Little Love for National Hukou Reform
- State Patronage Divides Confucian Intellectuals
- Tourism Tensions Have HK Mulling Limits on Visitor Numbers
- Experts Split on Whether Merger of Taxi App Firms Breaks Law
- Is It Time to Include the Yuan in IMF Basket?
- Gov't Orders Documentary about Gays, Lesbians Removed from Net
- Gov't Moves on GM Crops Spur Industry's Cautious Optimism