Tag: declining economy

• Thursday, January 17th 2019 - 09:08 UTC

  China injects US$ 83bn to the financial system hoping to prop a declining economy

  

  China’s central bank injected a record US$ 83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging to step up stimulus measures this year and do more to protect jobs as economic growth cools to 28-year lows.