MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

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 Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

INE Business Confidence Data Supports Upward Revisions In Q1 GDP Forecasts

MNI: GERMANY FEB PRODUCER PRICES -2.9% Y/Y

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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Russia, China Prepare To Sign A New Gas Supply Agreement

NATURAL GAS

Russia and China are preparing to sign an intergovernmental agreement on a project to supply gas to China from Russia's Far East, Deputy Prime Minister Alexander Novak said.

  • "An agreement has been signed between Gazprom and CNPC on supplying another 10 billion cubic meters of gas via the Far East route. Going forward, we must sign an intergovernmental agreement. This is the project that will be in the future," Novak said.
  • "Negotiations are ongoing on implementing another major project for supplies through Power of Siberia 2. The gas will transit Mongolia to China. This is a new, landmark project with capacity up to 50 bcm of gas."
  • Russia's energy exports to China have increased in value by 64% this year, and by 10% in volume as Moscow redirects shipments towards "friendly" nations.
Energy BulletsCommodities
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