Australian Ambassador to China: Beijing is a quite unreliable and vindicative trading partner

Dhwani Mehta FXStreet

“China has been exposed as quite unreliable as a trading partner and even vindictive," Australia's ambassador to China, Graham Fletcher, said while speaking at an event to Australian businesses via a video link from Beijing.

He went onto add, "I'm not sure China realizes the damage that is occurring both in Australia and internationally.”

Market reaction

AUD/USD remains unfazed by the fresh Australian-Sino jitters, as it finds support from the risk-on market mood.

The spot was last seen trading at 0.7610, up 0.42% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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