The People's Bank of China (PBOC) conducted a 7-day reverse repo operation of RMB75.5 billion today (9th), with the operation rate remaining unchanged at 1.4%. Today, RMB98.5 billion in reverse repos matured, resulting in a net withdrawal of RMB23 billion for the day. Related NewsImports YoY for June in China is 1.1%, higher than the previous value of -3.4%. The forecast was 1.3%.