China’s Central Bank Pumps Nearly $50 Billion Into The Financial System

December 24, 2013 11:11 pm

Well this is now fast becoming a pattern in China – liquidity has been tight for a while in the world’s second largest economy – we spotted today that in order to avoid a year-end cash crunch, China’s central bank has pumped in an additional 50 billion dollars into the financial system (Source)

The largest economy moves towards tapering, and the second largest has to pump in more. Strange design – the wheels of the global economy.

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