China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day

FILE PHOTO: A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee

SHANGHAI - China’s central bank said it would conduct medium-term lending facility operations on Monday, as a batch of 400 billion yuan worth of such loans expired on the day The People’s Bank of China said in an online statement on Friday that this would be a one-off MLF operation for August, while the volume would be dependent on market demand.Reporting by Winni Zhou and Andrew Galbraith; Editing by Himani Sarkar

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MILF operations? 👍🏼

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Economic clout makes China tougher challenge for U.S. than Soviet Union was - PompeoChina's global economic power makes the communist country in some ways a more difficult foe to counter than the Soviet Union during the Cold War, U.S. Secretary of State Mike Pompeo said on a visit to the Czech Republic on Wednesday. The sleeping dragon awakes? Hahaha the liar admits defeat
Source: Reuters - 🏆 2. / 97 Read more »

Here's how essential WeChat is to everyday life in ChinaIt's almost impossible to get by in China without WeChat, onlyyoontv says. U.S. firms operating in China fear a ban on the app could compromise their advantages over competitors. onlyyoontv onlyyoontv as opposed to simply doing business in china, which by definition is a compromise to advantages over competitors. if china wants something you're making or selling in china, they'll just take it & push you out of their markets. onlyyoontv Shucks
Source: CNBC - 🏆 12. / 72 Read more »

Coronavirus found on Ecuador shrimps in China, state media saysA city in China's eastern Anhui province found the novel coronavirus on the packaging of shrimps from Ecuador, state media reported on Wednesday, in the latest instance of the virus being detected on imported products. Yes, CCP_is_terrorist is together destroying our stable food source and natural resources. CCPVirus Great. Now we've got Shrimp Flu.
Source: Reuters - 🏆 2. / 97 Read more »

Electric vehicle company Nio could be the 'Tesla of China,' Piper Sandler saysNew for subscribers: Electric vehicle company Nio could be the 'Tesla of China,' Piper Sandler says Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

Pompeo tells eastern Europe: China is in some ways worse than Soviets - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Swagger mike taking a bonesaw to Huawei, China relations. The least of our international problems. Urges? That’s how you spell it? Compared to the America of Trump and Pompeo, no country can be worse !!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

China Moviegoers Reflect On Six Months of Cinema ClosuresSome moviegoers feel China’s exhibition sector has been unfairly targeted by prolonged closures and excessive COVID-19 prevention measures, Variety found in a WeChat-based survey of cinema patrons.… Unfairly targeted. Exactly. Time to re-open.
Source: Variety - 🏆 108. / 63 Read more »