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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COSATU Calls on ANC NEC to Take State Capture Report Seriously

SOUTH AFRICA
  • The ANC enters day two of its national executive committee (NEC) meeting on Friday where it’s been discussing organisational renewal and the roadmap to its December elective conference
  • It will also host its alliance partners for an NEC lekgotla, which will deliberate on Ramaphosa’s State of the Nation Address (Sona).
  • While the ANC’s alliance partners are keeping their cards close to their chest, both the South African Communist Party (SACP) and Cosatu are concerned about its unity and renewal project, hoping a more united ANC will meet with them over the weekend.
  • "We don't want to have another Zondo Commission in the future. Everything that comes out of that preliminary report, we need to see from ANC NEC lekgotla a level of commitment when it comes to fighting corruption," said Cosatu spokesperson Sizwe Pamla.
  • He said that the ANC must support crime-fighting institutions to bring a halt to the rot and for its own government departments to close the gaps that allow for corruption to persist
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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