MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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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Not the First Time Lockheed Martin, Raytheon Have Been Targeted Over Taiwan Sales

POLITICAL RISK

The specific measures against Raytheon and Lockheed Martin:

  • Due to arms sales to Taiwan, Raytheon and Lockheed Martin will be barred from making onshore investments in China and are excluded from all exports and imports to and from China.
  • The companies will be fined twice the value of the contracted arms sales to Taiwan
  • This isn't the first time these companies have been targeted: in February 2022 and October 2020 both companies were the target of trade sanctions, to which Lockheed Martin confirmed they have limited presence in the country.
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