MNI China Daily Summary: Friday, February 28

MNI: EU Seeks To Avoid Stigma From Fiscal Opt Outs For Defence

MNI BRIEF: Consumer Inflation Outlook Slows - ECB Survey

MNI BRIEF: Xi Calls For Greater Consumption To Boost Demand

MNI BRIEF: China To Fight Against Extra U.S. Tariffs: MOFCOM

MNI BRIEF:China's Politburo Eyes More Proactive Macro Policies

MNI: GERMANY NRW FEB CPI +0.4% M/M, +1.9% Y/Y

MNI: BADEN WUERT FEB CPI +0.5% M/M, +2.5% Y/Y

MNI: BAVARIA FEB CPI +0.4% M/M, +2.4% Y/Y

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

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Senator Kyrsten Sinema To Switch Party Affiliation To Independent

US

Politico has reported that Senator Kyrsten Sinema (D-AZ) intends to switch her party affiliation from Democrat to Independent.

  • According to Politico, Sinema will not caucus with the Republican Party but her decision may impede Democrat control over Senate Committees. This may be particularly damaging diplomatically, as the Biden administration is looking to fast-track confirmation of 40 ambassadorial vacancies which are stalled in the Senate.
  • Sinema:“I don’t anticipate that anything will change about the Senate structure," saying that any issues relating to the function of the Senate is, “a question for Chuck Schumer …I just intend to show up to work as an independent.”
  • Sinema is considered one of the most vulnerable Senate Democrats ahead of the 2024 elections and a switch of allegiance will help her avoid a primary challenge, should she choose to run again.
  • Sinema's decision will be considered a significant setback for Senate Majority Leader Chuck Schumer (D-NY) who is now facing the prospect of a return to the 50-50 Senate and the outsized influence of Senator Joe Manchin (D-WV), just days after taking a 51st Senate seat in Georgia.
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