China’s Commerce Ministry: Ready to enhance exchanges on trade and economic front
|Wang Wentao, the new Chinese commerce minister, said on Wednesday, Beijing is ready to reinforce policy support for foreign trade.
Additional comments
“China looks forward to working with US colleagues to focus on cooperation and manage differences.”
“Foreign Ministry’s outlook remains grim and complex this year due to uncertainties from COVID-19 and supply and industrial chains.”
“We will reinforce policy support for foreign trade.”
“We will ensure smooth operations of supply chains.”
Market reaction
AUD/USD pays a little heed to the encouraging comments from China, posting small gains around 0.7920, having hit three-year highs at 0.7945 in early Asia.
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