UK’s Raab: Reject China's criticism of gross interference
|In a Reuters interview on Monday, the UK Foreign Secretary Dominic Raab dismissed China’s accusations that Britain interfered over Beijing’s imposition of new security legislation in Hong Kong.
Key quotes
“This isn’t a gross interference in domestic affairs.”
“It’s a matter of trust and lots of countries around the world are asking this question: does China live up to its international obligations?”
This comes after China’s ambassador to London accused the Kingdon of irresponsible responses to the new security legislation in Hong Kong.
On the UK considering offering citizenship to British National Overseas (BNO) passport-holders in Hong Kong, the ambassador noted: “We hope that they will reconsider their position. With regard to what the response China is going to make, we have to wait and see what will be the specific actions of the British side.”
Market reaction
A sense of caution prevails across the markets in Asia, as growing coronavirus concerns take over and dent the optimism on the global stock.
The tussle between China and the rest of the world over several issues could also add to the sluggish sentiment.
GBP/USD is looking to extend its bounce above 1.2500 despite broad US dollar bounce and looming Brexit uncertainty.
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.