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

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% 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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Jordan On Track To Lose Third Successive Speaker Ballot

US

Republican nominee for speaker, Jim Jordan (R-OH), is on track to lose a third successive rollcall to elect a speaker of the House of Representatives.

  • Typo edited 16:24BST.
  • With the voting ongoing, House Republicans will be noting if he has flipped any votes and opened up a pathway to the gavel. If Jordan fails to turn the vote count in right direction, his bid to become speaker will continue to look untenable.
  • Early signs suggest that the vote is going the wrong way for Jordan with Rep Fitzpatrick (R-PA) casting a new vote against him.
  • Jordan's plan to stare down rebels, as former Speaker Kevin McCarthy (R-CA) did in January, is looking increasingly unviable. As we outlined earlier a strategy for grinding multiple ballots over the weekend could entail risk for the GOP: LINK
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