- People's Bank of China will inject will inject more than $60 billion of foreign exchange reserves into two state-owned policy banks
Market news
20 April 2015
People's Bank of China will inject will inject more than $60 billion of foreign exchange reserves into two state-owned policy banks
According to a report in the financial news magazine Caixin, the People's Bank of China will inject more than $60 billion of foreign exchange reserves into two state-owned policy banks to support the government's overseas development plans. China's central bank will inject $32 billion into China Development Bank and $30 billion into Export-Import Bank of China.
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