MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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China Won’t Give up Zero-COVID Despite IMF Criticism: Times

CHINA PRESS
MNI (Singapore)

China won’t bow to the IMF’s opposition to its zero-COVID policy as it sees the strict measures guarantee the smooth operation of the economy, Lu Xiang, a researcher at the Chinese Academy of Social Sciences, wrote in a commentary for the government-run Global Times. The IMF Managing Director Kristalina Georgieva said on Friday that China's policy is putting more at risk as a supply source for the rest of the world, Lu wrote. China has joint prevention and control mechanism and will never give it up, while Western countries lack the ability, Lu wrote.

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