Canadian Prime Minister Trudeau: If Trump imposes a 25% tariff, Canada will take countermeasures. Canadian Prime Minister Trudeau said on Monday that if US President-elect Trump imposes a 25% tariff on goods imported from Canada, Ottawa will also take tariff measures to fight back. Trudeau said at an event organized by the Chamber of Commerce in Halifax, Nova Scotia: "Of course, we will respond to unfair tariffs in many ways as we did eight years ago, and we are still studying the appropriate response." The Canadian leader said that there are signs that Americans are "beginning to realize that imposing tariffs on all goods imported from Canada will make the cost of living for Americans much higher".The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)Brazil said that Brazilian Vice President Alkmin will take over the presidency when President Lula recovers from craniotomy.
Macau International Airport Hengqin Pre-cargo Terminal Project strives to start construction in the first quarter of next year. On December 9, the landing ceremony of Macau International Airport Hengqin Pre-cargo Terminal Project was held in Hengqin Guangdong-Macao Deep Cooperation Zone. The total investment of the project is about 700 million yuan, and the construction will be started in the first quarter of next year. This project creatively puts the functions of security inspection, board-breaking and cargo distribution of Macau International Airport in the cooperation zone, forming a seamless connection between Macau International Airport and Hengqin Cargo Terminal, realizing the rapid interconnection of import and export goods between Guangdong and Macao, building a modern aviation logistics service system of "hub+channel+network", further strengthening the air logistics channel of economic and trade cooperation between China and Portuguese-speaking countries, and creating a new mode of coordinated operation of logistics between and Macao. (released by Zhuhai)Shanghai Ganglian: The holding subsidiary Gangyin E-commerce intends to buy back 20-40 million shares, and Shanghai Gangyin E-commerce Co., Ltd., the holding subsidiary of Shanghai Ganglian E-commerce Co., Ltd., intends to buy back shares of Gangyin E-commerce with its own funds (Gangyin E-commerce is a company listed on the New Third Board), and the repurchased shares are used to implement the equity incentive or employee stock ownership plan of Gangyin E-commerce. The number of shares to be repurchased this time is not less than 20 million shares and not more than 40 million shares. It accounts for 1.92%-3.84% of the total share capital of steel and silver e-commerce. According to the number of shares to be repurchased and the upper limit of the repurchase price, it is estimated that the total amount of repurchase funds will not exceed 100 million yuan, and the source of funds is the self-owned funds of steel and silver e-commerce.Yunnan Statistics Bureau: The burden of labor support in Yunnan is relatively light, and the demographic dividend is better than that in the whole country. Recently, the series of reports on the achievements of Yunnan's economic and social development in the 75 years since the New China was released by Yunnan Statistics Bureau held that the age structure of Yunnan's population is better than that of the whole country, and the demographic dividend still exists. The population aged 60 and over in Yunnan is 7.92 million, accounting for 16.9%, which is 4.2 percentage points lower than the national average. Among them, the population aged 65 and over is 5.58 million, accounting for 11.9%, which is 3.5 percentage points lower than the national average. The population aging situation is better than the national average. On the whole, the age structure of Yunnan population is better than that of the whole country, and the labor resources are abundant. The total dependency ratio (43.4%) is lower than the national average level (46.5%), the dependency burden of the labor force is relatively lighter than that of the whole country, and the demographic dividend is better than that of the whole country. (澎湃)
British government: According to reports that commercial poultry in other places near Wharton, Norfolk are suspected to be infected with highly pathogenic avian influenza, the government decided to cull birds according to their clinical symptoms.Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong. According to the news of the China Council for the Promotion of International Trade, from December 8 to 10, Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong, attended the joint meeting of the Mainland-Hong Kong Chamber of Commerce in 2024 and delivered a speech at the symposium of foreign business associations and foreign-funded enterprises in Hong Kong, and prepared to hold the second Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference. During his visit, Ren Hongbin met with Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region, and Qi Bin, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. He had extensive exchanges with Lin Jianyue, Chairman of the Hong Kong Trade Development Council, and people from the Hong Kong business community. He had an in-depth exchange of views on deepening economic and trade cooperation between the Mainland and Hong Kong. He went to Jardine Matheson Group, HSBC Group, Swire Group and Cathay Group for investigation, and listened to work reports at the Hong Kong Representative Office of the China Council for the Promotion of International Trade and China Patent Agency (Hong Kong) Co., Ltd.The achievements of China's international cooperation in desertification control were unveiled at COP16. On the 9th, the China Pavilion of the 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP16) held a side event with the theme of "Green Technology, Green Future" to share the successful experience of China's international cooperation in desertification control.