A move by China's central bank to provide temporary liquidity support marks the creation of a new policy tool designed to ease seasonal cash shortages, while sending the signal that monetary policy remains stable and neutral, the Financial News said in a front-page commentary on Monday. The use of the "Temporary Liquidity Facility (TLF)", announced by the central bank last Friday, is expected to inject several hundred billion yuan into the banking system, according to the publication, which is affiliated with the People's Bank of China (PBOC). The PBOC made the funds available to the country's five biggest banks ... (full story)