Briefly

Coastal bulk freight index down in June

China's coastal bulk freight index fell 4.3 percent month-on-month in June, said the Shanghai Shipping Exchange. Last month, the composite index for coastal bulk freight, which measures transportation costs in the coastal shipping market, stood at 960.49, according to the SSE.

PBOC adds liquidity via reverse repos

China's central bank continued to inject funds into the financial system through open market operations on Tuesday. The People's Bank of China said it conducted 15 billion yuan ($2.1 billion) of seven-day reverse repos at an interest rate of 1.9 percent.

Xinhua - China Daily