PBOC Adds Most Liquidity to Economy in Five Months to Aid Growth

China’s central bank made its biggest addition of liquidity to the economy in five months via its medium-term lending facility to support growth ahead of its late July Politburo meeting...

By Julia Zhong and Shulun Huang · Bloomberg Markets

China’s central bank made its biggest addition of liquidity to the economy in five months via its medium-term lending facility to support growth ahead of its late July Politburo meeting and to accommodate government bond issuance.