China’s central bank is set to release US$110 billion into the financial system as Beijing looks to shore up confidence in its economy and markets. Photo: AFP
China’s central bank is set to release US$110 billion into the financial system as Beijing looks to shore up confidence in its economy and markets. Photo: AFP
People’s Bank of China (PBOC)
Economy /  China Economy

China’s central bank to pump US$110 billion into economy as US trade war intensifies

Move to free up more cash for lending aims to generate momentum after economy started to stall amid growing trade conflict with Washington

Sidney LengZhou Xin
Sidney Leng and Zhou Xin

Updated: 4:27pm, 9 Oct, 2018

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China’s central bank is set to release US$110 billion into the financial system as Beijing looks to shore up confidence in its economy and markets. Photo: AFP
China’s central bank is set to release US$110 billion into the financial system as Beijing looks to shore up confidence in its economy and markets. Photo: AFP
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