MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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President Biden And Mexican Pres Obrador To Hold Call Shortly

US

US President Joe Biden and his Mexican counterpart Andrés Manuel López Obrador are due to hold a call at the top of the hour.

  • The call comes amid increasing debate in the United States Congress over the extension of the Trump era 'Title 42' which allows US border authorities to refuse entry to migrants on COVID-19 prevention grounds.
  • The leaders are expected to discuss migration, security, and economic cooperation ahead of the Summit of the Americas in June.
  • A White House official per Bloomberg: 'We obviously hope that [Mexico] will join us in imposing a cost on the Kremlin for what it is doing in its brutal & unprovoked war on on Ukraine by working with us to enforce sanctions implemented by the United States & our partners.'
  • Mexico abstained from the UN vote to expel Russia from the UN Human Rights Council and the US led Western alliance has had limited success in convincing democracies in the developing world to support taking a hard line against Russia.
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