The People's Bank of China ((PBoC)) kept the MLF rate steady at 2.0%, injecting CNY 900 billion on November 25th. That compared with a total of CNY 1.45 trillion of MLF loans due this month, marking a net cash withdrawal of CNY 550 billion.

China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.

China on Monday kept its medium-term lending rate steady, as the country's central bank seeks to stabilize the yuan which has come under pressure following Donald Trump's victory in the U.S. presidential election.