MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

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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Soyuz-Vostok Gas Pipeline Design Set for 2023

NATURAL GAS

Designs for the Soyuz-Vostok gas pipeline linking Russia to China via Mongolia will be completed in 2023 according to Russia’s Deputy Prime Minister Viktoria Abramchenko.

  • “The feasibility study of this project has been approved; route surveys and studies were completed and relevant efforts continue. The design stage kicked off. [Design] completion will be in the next year.” she said.
  • Gazprom previously said the design for the pipeline began in February 2022 and construction of the project would take place in 2024.
  • The pipeline is set to have a capacity of 50 bln cubic metres and is to be used as a way to direct Russian gas flows to new markets now that flows to Europe have mostly stopped.
Energy BulletsCommodities
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