PBoC resumes draining liquidity from financial system
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Following a brief hiatus, the central bank (PBoC) resumed draining funds from the financial system in June.
The details: On Monday, the PBoC withdrew net RMB 55 billion from the financial system via the medium-term lending facility (MLF).
The PBoC lent out RMB 182 billion of one-year MLF funds, but...