Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reservesChina will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.A host of financial institutions said they were due to receive billions of yuan in capital…
China prepares £40bn stimulus for financial sector amid fears over sluggish growth
Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reservesChina will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.A host of financial institutions said they were due to receive billions of yuan in capital…
Originally reported by Guiden World
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