China’s central bank is expected to pump more cash into the financial system with policy loans this week, countering tightened liquidity that partly stems from large bond sales. The People’s Bank of China may inject a net of 325 billion yuan ($45.3 billion) through its medium-term lending facility on Friday, according to the median estimate of 10 analysts surveyed. That would be less than the 600 billion yuan added last month. The cash support is needed as Beijing rushes to sell 1 trillion yuan of sovereign debt in the last two months of the year to support the faltering economy. While the PBOC is providing more ... (full story)