Domestic News: 1. Li Qiang meets with Russian President Vladimir Putin. 2. China expresses dissatisfaction with the outcome of Sino-Japanese consultations. 3. Ministry of Commerce answers reporters' questions regarding the US amendments to rules c

2025-11-19

Domestic News: 1. Li Qiang meets with Russian President Vladimir Putin. 2. China expresses dissatisfaction with the outcome of Sino-Japanese consultations. 3. Ministry of Commerce answers reporters' questions regarding the US amendments to rules concerning patent invalidation applications. 4. Ministry of Foreign Affairs: Japan must give the Chinese people an explanation. China does not accept Japan's unreasonable representations. 5. Ministry of Industry and Information Technology issues the "Guidelines for the Construction of High-Standard Digital Parks," aiming to build approximately 200 high-standard digital parks by 2027. 6. Beijing: Increase financial support for automobile consumption, especially new energy vehicles, and encourage eligible science and technology innovation enterprises to raise funds through the bond market. International News: 1. US government releases some initial jobless claims data: most were revised upwards. 2. Putin: Visa-free policy for Chinese citizens traveling to Russia will take effect soon. 3. EU imposes import quotas on steel alloys containing manganese or silicon. 4. Saudi Crown Prince: Will increase investment in the US to $1 trillion. 5. The US House of Representatives voted to require the Justice Department to release all documents related to the Epstein case. 6. Trump's approval rating plummeted to a low point, fueled by discontent over the cost of living and the Epstein case. 7. Google released its AI model Gemini 3, achieving a significant leap in inference and coding capabilities. 8. Cloudflare experienced a global outage, rendering many websites inaccessible for approximately three hours. 9. ADP reported that private sector employers lost an average of 2,500 jobs per week in the four weeks ending November 1st. 10. A new batch of US data releases has been scheduled, including the CFTC weekly report and PPI. Initial jobless claims data from the shutdown period will be released on Thursday. 11. Following a meeting with Sanae Takaichi, the Bank of Japan Governor stated that the central bank is continuing to gradually adjust its monetary easing measures, indicating a firm commitment to raising interest rates. 12. Microsoft and Nvidia announced a joint investment of up to $15 billion in Anthropic; Anthropic pledged $30 billion to purchase Azure computing power. 13. Federal Reserve – ① Trump hinted that the Fed Chair nominee was already decided, complaining that firing Powell was being blocked. ② Barkin: Agrees with Powell's view that a December rate cut is not a certainty, and both inflation and employment face risks.