News

Australian PM Morrison: China should reform its economy to end a trade war with US

Reuters reports the recent comments delivered by the Australian Prime Minister Scott Morrison during his speech in Sydney earlier today.

Key Quotes:

“China should reform its economy to end a trade war with the United States that is damaging the global economy.”

 “Forced technology transfer is not fair. Intellectual property theft cannot be justified, regardless of where it started.” 

“Industrial subsidies under the model do promote overproduction. China’s rise has now reached what I would describe a threshold level of economic maturity.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.