Source: China – South China Morning PostChina’s central bank injected billions of yuan through medium-term loans into the financial system on Monday, while keeping the interest rate unchanged for the 16th month in a row.The People’s Bank of China (PBOC) kept the rate on 600 billion yuan (US$92.6 billion) worth of one-year medium-term lending facility (MLF) loan to some financial institutions steady at 2.95 per cent from previous operations.The central bank said the loan operation was meant to “fully meet financial institutions’…Read More