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China Capital Outflows Pose Risk To Global Growth: IMF Chief Christine Lagarde

Large capital outflows from China pose risks to the global economy, International Monetary Fund Managing Director Christine Lagarde said on Friday, as Beijing grapples with the country’s slowest growth in 25 years. Lagarde, speaking in Shanghai at the opening of a G20 meeting of central bank governors and finance ministers, also forecast economic growth of […]

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China Central Bank

China’s Central Bank To Inject $6.13 Billion Through 7-day Reverse Repos: Report

China’s central bank will inject 40 billion yuan ($6.13 billion) into the money markets through seven-day reverse bond repurchase agreements on Wednesday, traders said. With today’s injection, the central bank has already injected 240 billion yuan this week. Maturing reverse repos will drain a net 960 billion yuan from the banking system this week, according […]

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China Central Bank

China’s Central Bank Pumps In $25 Billion To Boost Liquidity

China’s central bank has injected a whopping 163 billion yuan into 20 financial institutions to ease liquidity strain in the world’s second largest economy, currently witnessing sluggish growth. The People’s Bank of China on Friday pumped 163 billion yuan (about $25 billion) into the financial system in open market operations via medium-term lending facility (MLF), […]

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China Farming Boost www.purnartha.com

China Banks to Boost Farming

China’s central bank said on Monday it will push forward a pilot scheme on relending in a bid to support the country’s farming sector and small firms – the most vulnerable part of the economy. The scheme, which allows banks to refinance high quality credit assets rated by the central bank, was first introduced in […]

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