ReutersChina cenbank injects $81 bln into major banks to support economy - reportsReutersSHANGHAI (Reuters) - China's central bank is injecting a combined 500 billion yuan ($81.35 billion) of liquidity into the country's top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.

BING NEWS:
  • China's top lenders face $221 bln loss-absorbing capital shortfall by 2025, Fitch estimates
    China's five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan ($221 billion) by January 2025, Fitch Ratings estimates, ...
    04/17/2024 - 11:25 pm | View Link
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