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: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

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

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

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Dutch PM Rutte To Meet Xi Jinping In Beijing Next Week

CHINA-EU
EM BulletFixed Income BulletsHomepagePolitical RiskPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange BulletsUSPolitical Market News

Dutch Prime Minister Mark Rutte will travel to China next week to discuss trade and business and hold a bilateral meeting with Chinese President Xi Jinping and Premier Li Qiang on Wednesday.

  • According to a statement from the Dutch government, "discussions will include bilateral and economic relations, the war in Ukraine and the situation in the Middle East."
  • The statement notes that Trade Minister Geoffrey van Leeuwen will meet with his Chinese counterpart Wang Wentao on Wednesday to discuss, "economic cooperation opportunities, the importance of a level playing field and the importance of equal market access."
  • The trip comes as business leaders gather in Beijing for the China Development Forum which gets underway on Sunday. Semafor notes: "U.S. executives will reportedly make up the largest global delegation at the annual China Development Forum... after many skipped last year’s gathering following the Chinese spy balloon saga.”
  • Rutte's trip is of particular note to markets as, along with the US and Japan, the Netherlands is the one of the three countries most critical to a US-led drive to restrict China's access to leading-edge chips. To what extent the Netherlands should curb Dutch company ASML's operations in China is a major political issue domestically and one which Beijing may hope to steer away from Washington as the negotiations continue on forming a new Dutch government.
219 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Dutch Prime Minister Mark Rutte will travel to China next week to discuss trade and business and hold a bilateral meeting with Chinese President Xi Jinping and Premier Li Qiang on Wednesday.

  • According to a statement from the Dutch government, "discussions will include bilateral and economic relations, the war in Ukraine and the situation in the Middle East."
  • The statement notes that Trade Minister Geoffrey van Leeuwen will meet with his Chinese counterpart Wang Wentao on Wednesday to discuss, "economic cooperation opportunities, the importance of a level playing field and the importance of equal market access."
  • The trip comes as business leaders gather in Beijing for the China Development Forum which gets underway on Sunday. Semafor notes: "U.S. executives will reportedly make up the largest global delegation at the annual China Development Forum... after many skipped last year’s gathering following the Chinese spy balloon saga.”
  • Rutte's trip is of particular note to markets as, along with the US and Japan, the Netherlands is the one of the three countries most critical to a US-led drive to restrict China's access to leading-edge chips. To what extent the Netherlands should curb Dutch company ASML's operations in China is a major political issue domestically and one which Beijing may hope to steer away from Washington as the negotiations continue on forming a new Dutch government.