MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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China Should Normalise Economic Growth ASAP - PBOC Advisor

CHINA PRESS
MNI (Singapore)

China should aim to bring economic growth back to normal as soon as possible, with the recovery of consumption particularly important amid weakening external demand which could slow exports and manufacturing investment growth next year, Caixin reported citing Wang Yiming, a member of the People’s Bank of China’s Monetary Policy Committee. It is necessary to release the spending potential of 460 million families, as it will be difficult to maintain the supply-demand balance if consumption is not supported as exports fall, said Wang. Next year’s monetary policy should continue to be prudent, tilted to loosening, and maintain reasonable and ample liquidity, Wang added.

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