MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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VdL Confirms Ukraine EUR1.2bn Financial Support Package

EU COMMISSION

European Commission President Ursula von der Leyen has confirmed that the EU will supply an additional EUR1.2bn in financial aid to Ukraine as it gears up for a potential Russian invasion on its eastern border.

  • Von der Leyen's twitter account posted: "[the package] will help Ukraine now, to address financing needs due to the conflict & support the country’s resilience-building efforts. It consists of: 1. New macro-financial assistance package of €1.2 billion 2. Doubling of bilateral assistance this year, with another €120 million. On top of this, we will soon start work on a second, longer-term MFA programme to support the country’s modernisation efforts and continue to invest in the country’s future thanks to our Investment Plan for Ukraine. This plan aims to leverage over €6 billion in investments."
  • Comes as EU High Rep for Foreign Affairs Josep Borrell states that the EU will not at present be following the US in withdrawing the families of top diplomats from Ukraine in expectation of potential military action.
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