China to inject US$ 174 billion of liquidity into markets in virus boost

Individual’s Bank of China will pump 1.2 trillion yuan (US$174 billion) into financial markets. Image: Reuters

• China’s reserve bank has actually announced it will inject 1.2 trillion yuan (US$174 billion) into markets via reverse repo operations on Monday
• Financiers are bracing for the worst when markets resume following a new coronavirus break out that has actually dented China’s financial activity

Subject |.
Coronavirus outbreak

Wendy Wu.

Released: 8: 16 pm, 2 Feb, 2020

Upgraded: 10: 54 pm, 2 Feb, 2020

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