MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% 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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Fox's Pergram- Gov't "Cruising Towards Sunday Shutdown"

US

Fox News' Chad Pergramposts on X regarding the state of play re: a gov't shutdown. "[...] The House attempts today to pass a one-month interim bill which increases border security. This will be a test to see if there are truly a handful of House GOPers who would never vote for an interim bill. It’s unclear if that bill can pass."

  • "It’s also possible the “rule” which establishes the terms of debate on the floor for the Band-Aid bill may fail. That would prevent the interim bill from coming to the floor. That means they are in gridlock and a shutdown is very likely. At that stage, the House will have expired any possible legislative traffic for the time being."
  • "The Senate has a six-week funding bill which can pass with three-quarters of all members supporting it. But Senate conservatives are slowing the process because it includes money for Ukraine."
  • "That means the final procedural vote to break a filibuster doesn’t come until Saturday. And passage is delayed until Sunday - AFTER the deadline. [...] So, we’re at an impasse and likely cruising toward a Sunday shutdown unless something changes."
  • For MNI's latest on the looming gov't shutdown please see our 28 September US Daily Brief here.
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