MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

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

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

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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Reckitt (RKTLN; A3 Pos/ A-) Abbott faced a $495m court loss on Friday (follow up)

CONSUMER STAPLES

Equities -9%, bonds unch to +4 (33s)


Co is getting better at communication, has done a presser this morning saying the normal but going as far as; "feeding decisions should be made by doctors and families in hospitals – not in courtroom".

It's linked a statement from the American Academy of Paediatrics and the NEC society (non-profit working on understanding science of NEC and made up of families affected by it). As we said earlier this year, though these are positives and clearly the formula is a staple in hospitals still, that has not translated to court outcomes and hence the potential liability it faces.

Presser; https://reckitt.com/media-landing/press-releases/2...

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