China PBOC to Inject 1 Trillion Yuan for Holidays
China plans to inject up to one trillion yuan daily through short-term liquidity tools around the Golden Week holiday. The central bank will conduct overnight reverse repo operations to stabilize the banking system.
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China's central bank will inject up to 1 trillion yuan ($149B) per day via short-term liquidity tools starting late September. The move aims to cover cash demands ahead of the Golden Week holiday. The injection surpasses typical holiday support volumes as local markets prepare for extended closures.
