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China Commerce Ministry Urges No New US Trade Sanctions On China

US-CHINA

Wires carrying comments attributed to the Chinese Commerce Ministry stating that it urges the US to avoid implementing any new trade sanctions on China.

  • Also stated that China and the US will 'strengthen exchange on macroeconomic policies' and 'promote pragmatic cooperation of economy and trade'.
  • Comes after headlines from Bloomberg around 20 mins ago stating that according to a US official, the US does not expect any announcement on China tariffs at the upcoming G20 foreign ministers' meeting in Indonesia.
  • Chinese FM Wang Yi and US Secretary of State Anthony Blinken both set to be in attendance and hold bilateral talks.

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