Fri September, 2021, Age: 2 years
China injected more cash into its banking system, which suggests that authorities are seeking to avert a funding squeeze amid a seasonal rise in financing demand and the intensifying debt crisis at China Evergrande. The People’s Bank of China added 90 billion yuan ($14 billion) of funds on a net basis through seven-day and 14-day reverse repurchase agreements on Friday, which is the most since February.
Twitter feed is not available at the moment.
