MNI China Daily Summary: Thursday, Aug 29

MNI BRIEF: China Discussing Placing Tariffs On Auto Imports

MNI: Japan Govt Upgrades Economic View, Private Consumption

MNI BRIEF: PBOC Restarts CGB Trade After Nearly Two Decades

MNI: PBOC Net Drains CNY208.4 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1299 Thurs; +2.34% Y/Y

MNI: GERMANY NRW AUG CPI -0.1% M/M, +1.7% Y/Y

MNI: BAVARIA AUG CPI -0.1% M/M, +2.1% Y/Y

MNI: SPAIN AUG FLASH HICP +0% M/M, +2.4% Y/Y

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Premier Li Says China Faces More Uncertainty This Year

CHINA
  • China Premier Li Keqiang Said in state council meeting that the domestic economy faces more uncertainty in 2022.
  • Li calls for more moves to boost demand and stabilize expectations.
  • He also calls for stronger implementation of macro policies.
  • As China maintains a ‘zero-Covid’ policy, the discovery of a new variant has resulted in renewed restrictions/local lockdowns imposed by the governments and therefore lowers growth expectations.
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