China Vice Foreign Minister Ma: We will not sit and do nothing while our country's interests are being harmed

Anil Panchal FXStreet

"We Chinese will not capitulate. We will not sit and do nothing while our country's interests are being harmed," Vice Foreign Minister Ma Zhouxu said in response to a Reuters question at a Thursday news conference to discuss Chinese diplomacy in the decade since Xi assumed power.

The news gains importance as Ma is considered to be among contenders to replace Wang Yi as foreign minister in an upcoming leadership reshuffle.

Key quotes

Going forward, Chinese diplomats will continue to overcome all obstacles, and always be the devoted guardians of the interests of our country and our people.

A global survey released this week by the Washington-based Pew Research Center found that public opinion towards China in the United States and other advanced economies had turned 'precipitously more negative' under Xi.

Also read: USD/CNH Price Analysis: Fades bounces off weekly support below 7.2000

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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