MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: GERMANY OCT IND PROD -1% M/M

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China, U.S. To Coordinate On Trade - MOFCOM

MNI (Singapore)
MNI (Beijing)

China’s Ministry of Commerce will support the consensus reached by President Xi Jinping and U.S. President Joe Biden during their meeting in Bali this week, with both sides agreeing to communicate and coordinate on economic and trade issues, said spokeswoman Shu Jueting at a briefing on Thursday, without disclosing further details.

Both sides should work together to create an atmosphere and conditions for economic and trade cooperation, as the two economies are highly complementary and deeply integrated, said Shu, when asked to comment on the recent decline in the growth of exports to the U.S.

Exports to the U.S. increased 6.6% y/y in the first ten months, Shu added. China Chenxin Credit Rating Group estimated exports to the U.S. declined for a third month in October, falling 12.56% y/y in October, down one percentage point from September. (See MNI BRIEF: China's Exports Drop in Oct; First Fall Since 2020)

Policy NewsAPACChinaBriefStoryRegion
True
Policy NewsAPACChinaBriefStoryRegion
True

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.