Briefly
Central bank injects liquidity into market
The People's Bank of China, the central bank, on Wednesday pumped cash into the banking system via reverse repos to maintain liquidity. The PBOC injected 140 billion yuan ($20.1 billion) into the market through seven-day reverse repos at an interest rate of 2.2 percent, to maintain reasonable and ample liquidity in the banking system.
Cargo shipments via border port increase
Cargo imports and exports via the border port of Ereenhot in North China's Inner Mongolia autonomous region exceeded 10 million metric tons as of Monday, up 15.6 percent on a yearly basis, according to China Railway Hohhot Group. Cargo imports stood at 9.15 million tons, up 17.3 percent on a yearly basis, while exports accounted for 892,300 tons, up by 0.4 percent.
Xinhua
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