Central bank renews cash injection, liquidity in tight balance

View of the headquarters of the People’s Bank of China, China’s central bank, in Beijing, Jan 12, 2017. [Photo/VCG] BEIJING – In a bid to maintain monetary equilibrium, China’s central bank renewed its net cash injections via open market operations Tuesday after suspending the move for Monday. The People’s Bank of China (PBOC) conducted 80 billion…