Briefly

PBOC adds liquidity via reverse repos, MLF

China's central bank injected liquidity into the banking system through reverse repos and a medium-term lending facility on Monday. The People's Bank of China conducted 4 billion yuan ($562.2 million) of seven-day reverse repos at an interest rate of 1.8 percent. A total of 182 billion yuan was also injected into the market via the MLF, which will mature in one year at an interest rate of 2.5 percent.

China-Hungary air cargo route launched

A new international air cargo route linking Ezhou Huahu Airport in Central China's Hubei province with Hungary's capital Budapest was launched on Monday, said SF Airlines. The Ezhou-Budapest cargo route is the first such linking Hungary with the Hubei facility, China's first cargo-focused airport. It is also SF Airlines' third route from the airport to Europe.

Xinhua - China Daily