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China's economic recovery quickens as consumption returns

China’s central bank injects liquidity into market

China’s central bank on Thursday continued to pump cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 110 billion yuan (about 16.25 billion U.S. dollars) into the market through seven-day reverse repos at an interest rate of 2.2 per cent, according to a statement on the website
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