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2013-12-24
China cash crunch eases as PBoC reassures
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China News
Key seven-day repo rate falls 344 bps after central bank’s $4.8bn injection, an important gesture to coax wary lenders back into doing business with each other
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Institutions also play high throws! The soaring growth of the ChiNext has triggered nearly 10 billion ETF funds to move south to Xiangjiang, and the hot-spot PV and chips have been sold off!
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