Press "Enter" to skip to content

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


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 . . .

To continue reading, please subscribe. You will get

  • An indispensable and reliable source of information on China's economy and financial markets
  • Original and in-depth reporting 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a real-time financial news platform focused on China
  • Daily Brief newsletter to get you prepared for every trading day

FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.


Already have an account? Sign In