MNI China Daily Summary: Thursday, March 13

MNI BRIEF: China Has Been In Communication With U.S. On Trade

MNI BRIEF: China To Enhance Customs Clearance

MNI BRIEF: China Consumer Satisfaction Up

MNI: PBOC Net Drains CNY68.6 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1728 Thurs; -0.64% Y/Y

MNI: US FEB FINAL DEMAND PPI +0.0%, EX FOOD, ENERGY -0.1%

MNI: US JOBLESS CLAIMS -2K TO 220K IN MAR 08 WK

MNI: CANADIAN JAN BUILDING PERMITS -3.2% MOM

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

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

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US-RUSSIA: Trump Confirms Putin Call, Ukraine Talks To Start 'Immediately'

US-RUSSIA
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US President Donald Trump has confirmed on the Truth Social platform his call this morning with Russian President Vladimir Putin. Link here. 

  • Trump confirms that "We agreed to work together, very closely, including visiting each other’s Nations."
  • Trump: "We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now."
  • Trump: "I have asked Secretary of State Marco Rubio, Director of the CIA John Ratcliffe, National Security Advisor Michael Waltz, and Ambassador and Special Envoy Steve Witkoff, to lead the negotiations which, I feel strongly, will be successful."
  • Trump: "No more lives should be lost! I[...]  I believe this effort will lead to a successful conclusion, hopefully soon!"

Such talks would mark the most concrete move towards an eventual conclusion of the war in Ukraine since the short-lived peace talks that took place in Feb-Mar 2022 in the immediate aftermath of the outbreak of the war. There has been significant speculation regarding the prospect of Trump's 'peace plan' for Ukraine being presented, or at least outlined by Trump's envoy Keith Kellogg at the Munich Security Conference starting 14 Feb. 

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US President Donald Trump has confirmed on the Truth Social platform his call this morning with Russian President Vladimir Putin. Link here. 

  • Trump confirms that "We agreed to work together, very closely, including visiting each other’s Nations."
  • Trump: "We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now."
  • Trump: "I have asked Secretary of State Marco Rubio, Director of the CIA John Ratcliffe, National Security Advisor Michael Waltz, and Ambassador and Special Envoy Steve Witkoff, to lead the negotiations which, I feel strongly, will be successful."
  • Trump: "No more lives should be lost! I[...]  I believe this effort will lead to a successful conclusion, hopefully soon!"

Such talks would mark the most concrete move towards an eventual conclusion of the war in Ukraine since the short-lived peace talks that took place in Feb-Mar 2022 in the immediate aftermath of the outbreak of the war. There has been significant speculation regarding the prospect of Trump's 'peace plan' for Ukraine being presented, or at least outlined by Trump's envoy Keith Kellogg at the Munich Security Conference starting 14 Feb. 

Keep reading...Show less