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China injects at least $55B into banks to boost capital and support economic growth.
China plans to inject at least $55 billion into its banks to bolster capital reserves and support financial stability.
This move, part of China's financial regulation policy since 2018, aims to help banks meet regulatory requirements and continue lending to support economic growth.
The specific banks receiving the funds have not been disclosed.
This injection is expected to strengthen China's financial system and contribute to a stable economic environment.
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China inyecta por lo menos $55B en los bancos para impulsar el capital y apoyar el crecimiento económico.