Top stories of China bond market on Dec. 9 are as follows:
1.China's consumer price index, a main gauge of inflation, grew 1.5 percent year on year in November, up from a rise of 1.3 percent in October, the National Bureau of Statistics announced Wednesday.
2.China's producer price index (PPI), which measures wholesale inflation, dropped 5.9 percent year on year in November, official statistics showed on Wednesday.
3.The People's Bank of China, China's central bank, scaled down its reverse repo sales via Tuesday's open market operations. The central bank conducted 10 billion yuan worth of 7-day reverse repos on Tuesday morning The liquidity condition in the financial system remained relatively loose on the whole after the central bank resumed a net capital injection via open market operations last week.
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