China to ‘timely replenish’ liquidity shortfalls before Lunar New Year break

China’s central bank is set to replenish liquidity shortfalls before the Lunar New Year holiday, the China Securities Journal reported, even as markets were split on whether more monetary easing was imminent in the world’s second-largest economy.The People’s Bank of China (PBOC) is likely to step up cash injections through open market operations into the banking system from the second half of the month.The moves are intended to meet rising demand for cash from both companies and households…

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