MNI China Daily Summary: Friday, April 12

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: PBOC Injects Net CNY2 Bln Via OMO Fri; Rates Unchanged

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

CHINA END-MAR M2 +8.3% Y/Y VS MEDIAN +8.8%; END-FEB +8.7% Y/Y

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Final March Inflation Reading Confirms Softening Core Dynamics

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Weyand: China Investment Agreement Text To Be Published Next Week

CHINA-EU

Senior EU official Sabine Weyand has stated that the text of the EU-China Comprehensive Agreement on Investment (CAI) will be published next week.

  • Speaking to the Center for Strategic and International Studies Weyand, a senior EU trade negotiator from Germany, stated that the EU sees China as a 'cooperative partner, a systemic rival, and an economic competitor'.
  • Also says that the CAI should not have come as a 'surprise' to the US, given that the target date of the agreement was public knowledge.
  • Says that comparing any level playing field provisions in the CAI to the Trade and Cooperation Agreement with the UK 'makes little sense'.
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