China takes measures to shore up financial markets

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Chinese policy makers are taking various measures to shore up the financial markets as investors brace for a possibly sell-off when markets resume trading for the first time since the Lunar New Year holiday.

The People's Bank of China (PBOC) will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, according to a statement on Sunday, as the country’s financial markets prepare to reopen on Monday amid an outbreak of a new coronavirus.

China’s stock, currency and bond markets have . . .

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