Bank of China injects 81 billion dollars into major banks

(AGI) Beijing, Sept 17 - The Central Bank of China has injected500 billion yuan, 81.35 billion dollars, into the country'smajor banks to stimulate the economy, reported Chinese media.The bank has allocated 100 billion yuan to five major banks inthree-month easy credit loans, said banking sources in the WallStreet Journal. The Bank of China is concerned about theslowdown in the country's economic performance this year. (AGI).

(AGI) Beijing, Sept 17 - The Central Bank of China has injected500 billion yuan, 81.35 billion dollars, into the country'smajor banks to stimulate the economy, reported Chinese media.The bank has allocated 100 billion yuan to five major banks inthree-month easy credit loans, said banking sources in the WallStreet Journal. The Bank of China is concerned about theslowdown in the country's economic performance this year. (AGI).