China’s CommerceMin: China welcomes competitive US products to enter China's markets

Dhwani Mehta FXStreet

Reuters is out with the latest comments from an official at China’s Commerce Ministry, as he says that China welcomes competitive US products to enter China's markets.

Further Comments:

China hopes the US to create conditions to facilitate imports to china

China's purchase of US agricultural goods will not impact imports from other countries.

China will expand imports based on market conditions and in line with WTO rules.

The risk sentiment remains sour amid rising risks of the coronavirus widespread, with the outbreak spreading over to Australia now.

USD/JPY remains pressured below 110.00 while the Aussie breaches Monday’s low of 0.6855.

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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