China money rates rise as central bank drains cash, tight conditions likely to persist – THE BUSINESS TIMES

China money rates rise as central bank drains cash, tight conditions likely to persist
THE BUSINESS TIMES
[SHANGHAI] China’s primary money rates were higher for the week as the central bank drained funds for a second consecutive week, but other rates fell as fiscal expenditure helped to prevent excessively tight conditions. But the central bank’s move to

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