China injects massive $112B in loans to prop up slowing economy
- China's central bank injected $112B in 1-year loans to boost fragile economic growth
- Largest ever injection of medium-term policy loans, more than double analyst estimates
- Move aims to aid recovery amid housing slump and weak demand
- Economists expect further easing like rate cuts and RRR reductions in 2022
- Stock markets reacted positively, with China stocks and Hang Seng index rising over 3%