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PBOC resumed PSL injection after five-month halt, likely to support small firms

Last updated on October 11, 2019

Chinese central bank resumed liquidity injection via a targeted tool that has been halted for five consecutive months. Analysts believe that it's just a start and the authority is likely to use the tool, which was previously mainly used to support shantytown redevelopment schemes in China's lower-tier cities and infrastructure projects, to support private companies and smaller firms.

In September, the People's Bank of China (PBOC) injected net 24.6 billion . . .

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