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China’s central bank conducts reverse repos Friday

BEIJING, Oct. 11 (Xinhua) — China’s central bank conducted 94.2 billion yuan (about 13.32 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Friday. The move aims to keep liquidity in the banking system reasonable…

China’s industrial output up 5.1 pct in July

BEIJING, Aug. 15 (Xinhua) — China’s value-added industrial output, an important economic indicator, expanded 5.1 percent year on year in July, data from the National Bureau of Statistics showed Thursday. On a monthly basis, the industrial output edged up 0.35…

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