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Liquidity
Liquidity
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An interbank liquidity crunch has made China's overextended commercial banks the first sector in the country to feel the pressure of the reform package initiated by the new leadership. Despite the unusually-high interbank lending rates over the past two weeks, China's central bank did not pump hefty amounts of money into the cash-thirsty market as expected in a bold but essential move to discipline unchecked lenders. Such financial brinkmanship spooks investor confidence, sending the benchmark stock index into a tailspin to a four-year low. The panic, if unsoothed, may worsen the already slowing world's second largest economy.
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  • (Xinhua)2017-05-25 16:42

    BEIJING - Despite the central bank's frequent open market operations to adjust liquidity, China will stick to the prudent and neutral monetary policy for deepening of supply-side structural reform. The People's Bank of China (PBOC) renewed net cash injections in mid-May, using reverse repos and medi...

  • By Li Xiang(China Daily)2017-05-22 07:44

    Troubled banks evolve from funding, lending, NPLs to a new mindset Chinese banks seem to be facing a "best of times, worst of times" moment. Not so long ago (by the end of last year to be precise), Chinese banks' assets reached $33 trillion, surpassing the eurozone as the world's largest banking sys...

  • (Xinhua)2017-05-13 10:20

    View of the headquarters of the People's Bank of China, China's central bank, in Beijing, Jan 12, 2017. [Photo/VCG]BEIJING - China will take steps to balance deleveraging the economy and ensuring market liquidity remains basically stable, the central bank said Friday. China will enhance coordination...

  • (Xinhua)2017-05-10 14:12

    BEIJING - The central bank injected cash into the money market through a variety of tools Wednesday to ease liquidity. The People's Bank of China (PBOC) conducted 110 billion yuan ($15.93 billion) of reverse repos, a process by which central banks purchase securities from banks with an agreement to ...

  • (Xinhua)2017-05-02 17:22

    BEIJING — China's central bank announced on Tuesday it had pumped more than 590.3 billion yuan ($85.6 billion) into the market via multiple tools in April. The People's Bank of China (PBOC) said it injected 495.5 billion yuan via the medium-term lending facility (MLF) to keep liquidity basically s...

  • (Xinhua)2017-05-02 14:06

    BEIJING - China's central bank suspended open market operations Tuesday, in a sign of policy tightening. The People's Bank of China (PBOC) withdrew 70 billion yuan ($10 billion) from the market Tuesday, as reverse repurchase agreements (repos) matured. Reverse repos is a process by which central ban...

  • (Xinhua)2017-04-18 17:30

    View of the headquarters of the People's Bank of China, China's central bank, in Beijing, Jan 12, 2017. [Photo/VCG]BEIJING - In a bid to maintain monetary equilibrium, China's central bank renewed its net cash injections via open market operations Tuesday after suspending the move for Monday. The Pe...

  • By Cai Xiao(China Daily)2017-04-11 07:58

    China's banking regulator on Monday issued guidelines on risk control for lenders, a move to prevent and resolve any systemic financial risks. The China Banking Regulatory Commission, in a statement released on its website, said that it will pay attention to 10 types of risks and provide concrete ac...

  • (Xinhua)2017-03-31 13:44

    BEIJING - China's central bank on Friday skipped the open market operations of reverse repos, draining liquidity from the market. This was the sixth consecutive business day that the People's Bank of China (PBOC) has halted the open market operations of reverse repos, a process where it purchases se...

  • (Xinhua)2017-03-30 14:08

    BEIJING - China's central bank on Thursday skipped the open market operations of reverse repos, draining liquidity from the market. This was the fifth consecutive business day that the People's Bank of China (PBOC) has halted the open market operations of reverse repos, a process where it purchases ...

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