MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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

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

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI: US MAR PERSONAL INCOME +0.5%; NOM PCE +0.8%

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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Commission President Calls For European Defence Union

EU

Speaking on foreign policy, EU Commission President Ursula von der Leyen states that the EU should do more on its own regarding its foreign policy. 'Europe can , and should, be able and willing to do more on its own… if you don't deal with a crisis abroad, this crisis will come to you.'

  • 'Next week, the EC will release a new package to support and help Afghanistan. We also need to invest in our joint partnerships, and a new EU-NATO joint declaration will be presented at the end of this year.'
  • 'We have developed a European defence ecosystem. What we need now is a European defence union...issue is why this has never worked in the past?'
  • 'Political will is required for a common defence policy'. VdL acknowledges that in the past any moves towards an EU army have failed before getting off the ground.
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