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Implied Fed Hikes Trimmed Modestly Post FOMC




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US: /CHINA: Per the FT: "Washington hopes to capitalise on anger over persistent
Chinese aggression in the South China Sea to rally rival claimants against
Beijing. China has continued to assert its dominance of the strategically
important waters during the coronavirus pandemic even as other littoral states
have been focused on dealing with the health crisis. "Their harassment has not
served them well. And it has helped start some conversations that we are having
now about how to deal with China," said a US diplomat in south-east Asia. The
incidents have piled up in recent weeks: the sinking of a Vietnamese fishing
boat by a Chinese coast guard vessel; Chinese maritime survey activity in waters
off Malaysia; and Beijing's inclusion of disputed land features in new Chinese
administrative districts."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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