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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday
Blinken Seeks To Initiate Gradual Reset In China-US Relations
MNI London: US Secretary of State Antony Blinken will become first top US diplomat to visit Beijing since 2018 when he travels to China Feb 5-6.
- Observers are managing expectations ahead of a trip designed to reset Sino-US relations following a prolonged period of deterioration which escalated with former Speaker Nancy Pelosi’s (D-CA) Taiwan trip in August.
- A reset is complicated by hawkish comments from the US military on Chinese posture towards Taiwan and the Biden administration's desire to economically de-couple from China in areas of national security.
- The US has prodded Japan and the Netherlands to join US-led export controls, set to straggle China’s competitiveness in advanced AI and military tech. The US has also publicly rejected a WTO ruling in favour of China.
- Blinken is likely to press for a backdoor agreement to resolve Taiwan tensions and push Beijing on alleged collaboration between Chinese companies and Russia.
- There have been modest signs of a thaw since President Xi’s diplomatic blitz in November. China has removed so-called Wolf-Warriors from prominent diplomatic postings and elevated US ambassador, Qin Gang, to Foreign Minister, taken as a sign Beijing wants to stabilise relations.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.