In his meeting with the Us Executive on Tuesday, China Foreign Minister Wang Yi said that “the crux of China-US relations lies in the US’ position of China as the most important strategic competitor and the most important geopolitical challenge.”
“This has led to problems in bilateral relations,” Wang added.
Additional quotes
This has also led to the failure to translate the commitments made by US leaders into concrete actions.
Situation is not in the interests of the people of the two countries, does not meet expectations of the international community.
US should work with China in the same direction, enhance mutual understanding through face-to-face exchanges, and promote stabilization, improvement and progress of bilateral relations.
Market reaction
AUD/USD is holding higher ground at around 0.6550 following the above comments, adding 0.21% so far.
