MNI China Daily Summary: Friday, June 28

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

Inflation Slowed in June, Shaking Off May Hotel Price Jump

Broad-based Deceleration In June Core Metrics

MNI: ITALY JUN FLASH HICP +0.2% M/M, +0.9% % Y/Y; MAY +0.8% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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China Mandatory ESG Will Support Firms To “Go Global”

CHINA PRESS
MNI (BEIJING)
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Authorities' recent efforts to strengthen ESG reporting will help domestic firms expand globally, according to Ma Jun, director at the China Society for Finance. The Ministry of Finance's intention to establish unified nationwide ESG standards by 2030 will create impetus for companies to strengthen carbon neutrality, improve ESG performance, and expand green finance. The government should next issue a detailed implementation roadmap, Ma added. (Source: 21st Century Business Herald)

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Authorities' recent efforts to strengthen ESG reporting will help domestic firms expand globally, according to Ma Jun, director at the China Society for Finance. The Ministry of Finance's intention to establish unified nationwide ESG standards by 2030 will create impetus for companies to strengthen carbon neutrality, improve ESG performance, and expand green finance. The government should next issue a detailed implementation roadmap, Ma added. (Source: 21st Century Business Herald)