China Pumps $74B Into Banks Amid Credit Crisis - forex leaning place

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    Friday, 27 July 2018

    Home FF All News Forex learning China Pumps $74B Into Banks Amid Credit Crisis

    China Pumps $74B Into Banks Amid Credit Crisis

    Worried about an economic slowdown amid worsening trade relations with the U.S. and a credit crisis sparked by a massive deleveraging drive, China’s central bank, the People’s Bank of China (PBOC), has unexpectedly made a massive 502 billion yuan ($74.36 billion) available to commercial banks in the...


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