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China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections - CNBC

China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections - CNBC

With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.

China's finance ministry is leading a smaller-than-expected $54 billion capital injection into state-owned banks and insurers, as Beijing seeks to foster growth with restrained stimulus. Three stateโ€ฆ [+4974 chars]

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