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China's central bank to conduct 500-bln-yuan MLF operation to sustain banking liquidity

Asia-Pacific 1 source 1 country 44m ago

China's central bank, the People's Bank of China (PBOC), on Thursday announced that it will carry out a 500-billion-yuan (about $73.6 billion) one-year medium-term lending facility (MLF) operation on Friday, aiming to maintain ample liquidity in the country's banking system. China’s auto exports totaled 635.82 billion yuan (about $93.91 billion) in the first half of this year, up 48.3% year on year, with vehicles shipped to more than 210 countries and regions worldwide, CCTV News reported.

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Read the full story at the source ECNS (Beijing, China) · CN
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