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

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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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Right-Wing Bloc Maintains Lead With 44% Votes In, Meretz & Balad Sit Just Under Threshold

ISRAEL

Benjamin Netanyahu's right-wing bloc maintains its lead in Israel's general election with over 44% of the votes tallied by now.

  • Preliminary results must be taken with a pinch of salt as ballots from different regions arrive at different times, which may lead to shifts in the overall vote count.
  • The scores of left-wing Meretz party (3.24%) and Arab Balad party (3.11%) remain closely watched, with both currently on the brink of passing the 3.25% threshold needed to win representation in parliament.
  • Analysts assess that the reallocation of surplus seats in case Meretz or Balad fail to get into the Knesset would increase the odds of Netanyahu being able to form a ruling majority.
  • Elsewhere Likud MK Zohar said the first decision of a Netanyahu-led coalition would be a bill to allow the Knesset to override High Court decisions, which some say could shield Likud leader from corruption charges.
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