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

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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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Russia, China Ministers Did Not Discuss Peace Plan on Wednesday

RUSSIA
  • The Wall Street Journal reported recently that Chinese President Xi was preparing to visit Moscow in the coming months to push for multiparty peace talks and allow China to reiterate its calls that nuclear weapons not be used. However, Russia's Foreign Ministry spokesperson Maria Zakharova said in a statement that Russian Foreign Minister Lavrov and China's top diplomat Wang Yi did not discuss a "Chinese peace plan" in talks in Moscow yesterday.
  • Western countries supplying weapons to Kiev will inevitably lead to an escalation of the conflict in Ukraine, Russia’s Deputy Foreign Minister Galuzin said in an interview with TASS, adding that Kyiv must lay down its arms before talks can begin. Earlier, Russian Foreign Minister Sergey Lavrov stated that the government is still open to talks on Ukraine. He added that Russia is willing to listen to Western partners if they propose to organise a conversation that takes Moscow's interests into account.
  • There are no major economic releases or speakers scheduled today.
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