Business News1888 Press Release • Chinese Central Bank Activates its Support for Commercial Banks to Meet Capital Adequacy Standards

Chinese Central Bank Activates its Support for Commercial Banks to Meet Capital Adequacy Standards

Chinese Central Bank Activates its Support for Commercial Banks to Meet Capital Adequacy Standards

The People's Bank of China injected a net 365 billion yuan (57.92 billion dollars) to the capital markets during the last week of September. Financial regulator tries to maintain the country's falling stock market with the funds allocated to banks.

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Chinese Central Bank Activates its Support for Commercial Banks to Meet Capital Adequacy Standards