MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI: US Q2 GDP +2.8%

MNI: US JOBLESS CLAIMS -10K TO 235K IN JUL 20 WK

MNI:US JUN DURABLE NEW ORDERS -6.6%; EX-TRANSPORTATION +0.5%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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US LNG Approval Pause Does Not Threaten LNG Exports

LNG

The US emphasized to its LNG importers that the pause on new LNG export project approvals does not threaten LNG supplies to customers, US Assistant Secretary of State for Energy Resources Geoffrey Pyatt said.

  • “I’ve found that our allies who raise these issues with me tend to be quickly reassured when you explain to them what this is — which is a pause,” Pyatt said.
  • “There is no reason for concern among our allies, whether they be in Asia, like Japan, or in Europe,” Pyatt said. “We will see where the pause proceeds as a result of the domestic reviews.”
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