MNI China Daily Summary: Friday, April 12

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: PBOC Injects Net CNY2 Bln Via OMO Fri; Rates Unchanged

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

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Final March Inflation Reading Confirms Softening Core Dynamics

Inflationary Breadth Narrows, But Services HICP Stays Above 4%

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

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

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Extraordinary FM Meeting On Friday To Discuss Situation In Belarus

EU

Announced by EU High Representative for Foreign Affairs Josep Borrell that the EU will convene an extraordinary meeting of member state foreign ministers on Friday 14 August to discuss the ongoing situation in Belarus.

  • This comes after successive nights of mass protest and violent police crackdowns in the Belarusian capital Minsk, after President Alexander Lukashenko claimed a landslide win in Sunday's presidential election. The opposition have accused Lukashenko of vote rigging and protesters are demanding democratic reforms.
  • The EU has criticised the election as "neither free nor fair".
  • Lukashenko's relations with the Putin gov't in neighbouring Russia are strained, but he is viewed in Moscow as a stable and largely pro-Russian presence between Russia and Europe.
  • The protests remain a potential flashpoint that could escalate into a wider movement drawing in regional state actors on opposite sides.
  • The FM meeting will also discuss EU-Turkey relations regarding ongoing tensions in the Eastern Med, and the situation in Lebanon following last weeks huge explosion and the subsequent protests and resignation of the government.
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