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MNI China Daily Summary: Friday, November 15

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CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

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FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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MNI POLITICAL RISK - Zelenskyy Petitions Congress For Support

US
  • Ukrainian President Volodymyr Zelenskyy is in Washington DC today to make a last-ditch bid to Congress to authorise new funding for Ukraine. His visit confirms that the window for legislating aid is closing amid increasingly intractable negotiations over US-Mexico border policy. Full roundup of negotiations inside.
  • The House of Representatives is expected to hold a vote this week on the National Defence Authorisation Act. The vote will be taken under suspension due to an ongoing rebellion from conservative Republicans.
  • Teams lead by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Chair Jason Smith (R-MO) are engaged in last-minute negotiations to reach a tax deal which can clear Congress as early as this month.
  • A House vote on opening an impeachment inquiry into President Biden could come as soon as Wednesday.
  • Department of Justice Special Council, Jack Smith, has urged the Supreme Court to resolve a claim by former President Donald Trump that he is immune from prosecution in charges related to the 2020 election.
  • Senate Republicans have called on Commerce Secretary Gina Raimondo to halt a review into Vietnam’s non-market economy status.
  • Poll of the Day: A recent polling surge from former South Carolina Governor Nikki Haley has failed to significantly limit former President Donald Trump’s lead in the Iowa caucusus.
Full article: US Daily Brief
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