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China Goes Risk On

Por: Forbes Business March 22, 2023

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China Last NightKraneShares Key News Asian equities were mostly higher overnight as bank failure contagion fears receded. The People’s Bank of China (PBOC), China’s central bank, took its foot off the gas today, injecting only RMB 30 billion into the system, down from RMB 180 billion on Friday. However, Friday’s reserve requirement ratio (RRR) cut has been well received by the market. Foreigners bought a net $625 million worth of Mainland... + full article



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