China’s Commerce Minister hopes to push Sino-US relations back to healthy and stable track

Chinese Commerce Minister Wang Wentao expressed concerns over US trade restrictions against China during talks with US Trade Representative Katherine Tai last week.

Wang said he “hopes to push Sino-US. economic and trade relations back to the healthy and stable track.”

Market reaction

AUD/USD is unfazed by the above comments, consolidating the upside near 0.6750. At the press time, the pair is up 0.35% on the day.