China banking sector

China Injects $124B Into Banks To Alleviate Liquidity Strain Through One-Year Policy Loan

Banking System Faces Rising Pressure China's central bank, the People’s Bank of China (PBOC), injected 900 billion yuan (about $124.3 billion) into the financial system on Monday through one-year policy loans. This move aims to ease liquidity strains as local governments ramp up bond issuances to address mounting debt pressures....