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The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.
China's central bank injects 700 bln yuan of outright reverse repos in May China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright ...
May 22, 2025 Former PBOC deputy governor Liu Guiping to head Bank of China, sources say China will appoint financial veteran Liu Guiping as chairman of Bank of China , the nation's fourth largest ...