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China conducts 300-bln-yuan MLF operation to inject liquidity

China's central bank on Wednesday conducted a 300-billion-yuan (about 41.86 billion U.S. dollars) medium-term lending facility (MLF) operation as it seeks to maintain ample liquidity in the banking system. The one-year operation was carried out via fixed quantity and interest rate bidding, according to the People's Bank of China (PBOC). [...]