China’s central bank injected $8B of capital support

China’s central bank injected $8B of capital support into the country's financial markets today, spurring speculation that further loosening of monetary policy may be on the way as the economy grows at its slowest rate in more than two decades. Almost fully recovering from Monday's 8% plunge, the Shanghai Composite closed up 0.6% on the news. The move also comes ahead of the Lunar New Year holiday next month when demand for funds normally increases substantially.