China pumps record cash into market to tame pre-holiday rates

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Reuters: Shanghai, Feb 05 2013, 09:38 IST
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it avoids sending easing signals," wrote Ting Lu and Xiaojia Zhi, economists at Bank of America Merrill Lynch, in a research note this morning.

Tuesday's injection overturns the previous record of 395 billion yuan injected on Oct. 30, 2012.

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