China central bank net bought 50 billion yuan sovereign bonds in August
China’s central bank said it conducted net purchases of sovereign bonds worth 50 billion yuan ($7.44 billion) in August via open market operations, matching the pace in July.
China's central bank conducted net purchases of sovereign bonds worth 50 billion yuan ($7.44 billion) in August through open market operations, it said on Wednesday, in line with the pace in July.($1 = 6.7222 Chinese yuan renminbi)