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Economy & Central Banks

Beijing launches US$15b asset swap to support China’s markets after sell-off

China’s central bank announced on Monday it would start a fresh round of a swap facility to support the struggling A-share market, after its worst sell-off in almost a decade dealt a heavy blow to investor confidence and threatened to…

South China Morning Post
Beijing launches US$15b asset swap to support China’s markets after sell-off
Image: South China Morning Post