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MOFA-No Info On Possible Xi-Biden Meeting; US Mustn't Weaponise Trade

US-CHINA

Wires carrying comments from the Chinese Ministry of Foreign Affairs spox Zhao Lijian stating that the US 'needs to stop weaponising trade issues and take real actions to defend the role of the market economy'.

  • MOFA: The US needs to work together with China and avoid misunderstandings and misjudgements.
  • Says that there is 'no information to offer at the moment' to confirm whether President Xi Jinping will meet w/US counterpart Joe Biden at the G20 summit in Bali, Indonesia next week. Adds that 'China takes the US' side's proposal of a meeting seriously'.
  • The prospect of a Xi-Biden meeting has taken on renewed importance with the confirmation earlier today that Russian President Vladimir Putin will not be in attendance at the summit. Will be an opportunity for Biden (and potentially other western leaders) to meet with Xi in quick succession without Russian leader present as they seek to dissuade China from forming deeper strategic links w/Russia.
  • MOFA spoz: 'We are committed to realising peaceful co-existance with the US, but the Taiwan question is at the core of China's interests'.
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EM BulletHomepagemarkets-real-timePolitical RiskEmerging Market NewsPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsUSPolitical Market News

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