China White Book: willing to communicate with the US on important issues in economics and commerce

China published a white paper on commercial and economic relations with the US on Wednesday.

Key aspects

  • China will take countermeasures to safeguard rights and interests.
  • It firmly opposes unilateral and harassment restrictive measures.
  • He has always believed that the essence of economic and commercial relations between China and the US is mutually beneficial and winning.
  • It is normal for China and the US to have differences and frictions in economic and commercial cooperation.
  • USA will not solve your own problems by increasing tariffs.
  • China is not willing to fight in a commercial war, but the Chinese government will never be left with a cross -long -law while the legitimate rights and interests of the Chinese people are damaged and deprived.
  • China has a firm will and abundant means, and will counteract and fight until the end.

Market reaction

At the time of writing, Aud/USD rises 0.62% in the day, quoting at 0.6000.

Source: Fx Street

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