SUBSCRIBERS
China central bank's lower cash injections signal bid to curb credit growth
Published Tue, May 2, 2017 · 09:50 PM
Beijing
CHINA'S central bank injected 506.39 billion yuan (S$102.5 billion) into the financial system via short and medium term liquidity tools in April, down 18 per cent from the previous month, signalling a bid to rein in rapid credit growth.
The fall followed a 50 per cent month-on-month jump in injections in March and a 35 per cent drop in February.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea to slap fines on food suppliers for ‘shrinkflation’
Stormy Daniels’ ex-lawyer in the hot seat at Trump trial
New Zealand says ‘seriously concerned’ by China’s increased security actions in Pacific
EU, ISSB agree on minimising overlaps in company climate disclosures
US law firm Mayer Brown to split from Hong Kong partnership
US labour costs rise by most in a year as productivity cools