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PBOC Injects Hundreds Of Billions Into Chinese Banks After Sudden Defaults In Interbank Payments 

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Wed, 22 Mar 17 8:57 AM | 44 view(s)
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As is customary virtually every time the Chinese central bank commences some form of tightening, overnight China’s central bank injected hundreds of billions of yuan into the financial system after some smaller lenders failed to repay borrowings in the interbank market, according to traders cited by Bloomberg.

http://www.zerohedge.com/news/2017-03-21/pboc-injects-hundreds-billions-chinese-banks-after-sudden-defaults-interbank-payment




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