PBOC aims to assuage concerns about liquidity squeeze

The People's Bank of China says it is responding to a liquidity squeeze by selectively injecting funds into banks. "In recent days, the central bank has provided liquidity support to some financial institutions that meet the demands of macroprudence," according to the PBOC. "Some banks with ample liquidity have also begun to play a stabilizing role in circulating capital into markets."

View Full Article in:

New York Times (tiered subscription model), The · Bloomberg

Published in Brief: