China Unleashes Another Wave Of Liquidity To Prevent Cash CrunchRupert Hargreaves
In mid-January, China’s central bank injected a record 1.03 trillion yuan in bank liquidity into the country’s financial system. At the time, policymakers claimed that heading into the Chinese Lunar New Year local banks were starved of liquidity like never before leading to fears of a cash crunch. This liquidity injection came via multiple reverse repos over several days, as the financial blog ZeroHedge . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible