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The People's Bank of China additionally pours into the economy about 500 billion yuan
China for additional stimulation pours into the economy of the mill by various estimates from 400 to 500 billion yuan.
According to Reuters, the central bank of the Celestial Empire has increased the quantitative easing of the economy by issuing short-term loans totaling 50 billion yuan for small and medium-sized banks.
MarketWatch reports that the People's Bank of China has poured about 400 billion yuan into the country's banking system. The money went through the China Development Bank.
Such a need may be due to the country's weak GDP growth, which is the lowest for the country since 1990 a year and is only 7,4%. The official resource of the People's Bank does not yet publish this information.