HONG KONG: Asian markets mostly climbed on Wednesday as dealers welcomed another batch of strong US data, while China’s central bank said that it had moved to ease a liquidity crisis that has gripped the country’s financial markets.
Traders breathed a sigh of relief after the People’s Bank of China (PBoC) late on Tuesday said that it had provided cash to some firms in a bid to prevent a cash crunch that had sent shares into a tailspin.
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