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Lan Foan, Minister of Finance, met with Georgieva, Managing Director of the International Monetary Fund. On December 9, Lan Foan, Minister of Finance, met with Georgieva, Managing Director of the International Monetary Fund. The two sides exchanged views on the global and China economic situation, the focus of China's fiscal policy and the debt of developing countries, accompanied by Liao Min, Vice Minister of Finance.The opposition party in South Korea said that Yin Xiyue was insane. On the morning of December 12, local time, South Korean President Yin Xiyue made another televised speech, refused to step down early, and denied that martial law was a crime of civil strife. After Yin Xiyue's speech, public opinion in South Korea immediately criticized him. South Korea's largest opposition party, the Common Democratic Party, said that Yin Xiyue was mentally ill and called on the South Korean National Assembly to pass the impeachment case. After Yin Xiyue's speech, Han Dongxun, the representative of the ruling party in South Korea, also said that Yin Xiyue's speech had no introspection and was rationalizing his behavior. Some commentators pointed out that Yin Xiyue may have expected that he could not prevent the National Assembly from passing the impeachment case and was trying to influence the final ruling of the Constitutional Court. I am afraid that the chaos in Korean politics will continue.The weighted share price index of Taiwan Stock Exchange closed 0.6% higher at 23,046.80 points.

Home improvement stocks continued to rise, with daily limit of Wole Home, Meike Home, Yazhen Home, Mengtian Home, Jinpai Home and Double Gun Technology, while Dinggu Set rose by over 10%, while Shangpin home delivery, Fun Sleep Technology and Wrigley Home rose by over 5%.Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)Bank of New York Mellon: As the impact weakens, the won may rebound to 1,400 won against the US dollar. Bank of New York Mellon said that as the most serious political impact caused by the short-term declaration of martial law begins to ease, the won may recover some of its recent lost ground before the end of the year. As the political risk premium begins to fall, the won may appreciate to 1,400 against the US dollar.

The opposition party in South Korea said that Yin Xiyue was insane. On the morning of December 12, local time, South Korean President Yin Xiyue made another televised speech, refused to step down early, and denied that martial law was a crime of civil strife. After Yin Xiyue's speech, public opinion in South Korea immediately criticized him. South Korea's largest opposition party, the Common Democratic Party, said that Yin Xiyue was mentally ill and called on the South Korean National Assembly to pass the impeachment case. After Yin Xiyue's speech, Han Dongxun, the representative of the ruling party in South Korea, also said that Yin Xiyue's speech had no introspection and was rationalizing his behavior. Some commentators pointed out that Yin Xiyue may have expected that he could not prevent the National Assembly from passing the impeachment case and was trying to influence the final ruling of the Constitutional Court. I am afraid that the chaos in Korean politics will continue.Lan Foan met with World Trade Organization Director-General Ivira. On December 9, 2024, Minister Lan Foan met with World Trade Organization Director-General Ivira in Beijing. The two sides exchanged views on enhancing the transparency of subsidy policy, supporting the operation of global trust funds and maintaining the multilateral trading system.The tenth batch of centralized procurement of drugs organized by the state will be opened in Shanghai today (12th), and the bid will be selected. It is understood that this collection involves a total of 62 drugs and 263 product specifications, which is the highest in all previous collections. Covers a variety of therapeutic fields such as hypertension, diabetes, tumor, cardiovascular and cerebrovascular diseases, infection, mental illness, and electrolyte supplementation. (CCTV Finance)