Briefly

Warehouse storage sector logs rebound

China's warehouse storage sector registered a strong rebound in March, boosted by the overall growth of the economy after the Chinese New Year holiday, industry data showed. The index tracking the sector's development came in at 52.6 percent, soaring 8.1 percentage points month-on-month, according to a survey jointly released by the China Federation of Logistics and Purchasing and CMST Development Co Ltd.

PBOC adds liquidity via reverse repos

China's central bank conducted 2 billion yuan ($281.7 million) in seven-day reverse repos at an interest rate of 1.8 percent on Tuesday. The move aims to keep liquidity reasonable and ample in the banking system, the People's Bank of China said.

Xinhua - China Daily