China’s central bank injects liquidity into market

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(Xin Hua Nwt)

China’s central bank pumped cash into the financial system through open market operations Thursday to maintain liquidity in the market.

A total of 200 billion yuan (about 31 billion U.S. dollars) was injected into the market via medium-term lending facility (MLF), according to the People’s Bank of China, the central bank.

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