China to inject $174 billion of liquidity on Monday as markets reopen

China to inject $174 billion of liquidity on Monday as markets reopen

China’s central bank announced plans Sunday to inject $173 billion into the economy to cushion the shock to financial markets from the outbreak of a new virus. The move is aimed at ensuring liquidity in the financial system and to support firms affected by the virus epidemic. Regulators have also urged banks to boost lending and avoid calling in debts in areas severely affected by the pandemic.

pennydreadful
pennydreadful
BumperCar
BumperCar 3 months

Heh, love the cartoon. Would be funnier if it was bear shaped. 🐻

michael zubas
michael zubas 3 months

they are desperate to avoid a worldwide recession. maybe washing your hands BEFORE the outbreak would have been A good idea?

Meyer
Meyer 3 months

Inflation is going to be a bitch...

Crimson Jester
Crimson Jester 3 months

not good

michael zubas
michael zubas 3 months

Hmm, well thats one way to avoid A market sell off. "YOU ARE NOT ALLOWED TO SELL YOUR STOCKS!" meaning you have to hold onto garbage.

Craig
Craig 3 months

Quantitative easing in China?... great... falsely propped markets all over the world? Yah.... the economy is doing great... everywhere... ha!

anthony
anthony 3 months

That's alot of quantitative easing. I sure hope it works but I don't think it's a long term solution. Until they develop a vaccine expect more of market rollercoaster ride.

Emperor Tito
Emperor Tito 3 months

This is going to be a nightmare isn’t it.

The Biggest Bird
The Biggest Bird 3 months

what does it mean

.....
..... 3 months

China bans selling.... that means it's time to sell

El
El 3 months

Patented biological warfare. Unitedstater gov is afraid of China and they'll do anything when in panic, no matter the political color.

atlas shrugged
atlas shrugged 3 months

How can they 'ban selling?' Isn't every transaction in a market simply matching a sell and a buy???

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