China’s Foreign Ministry: Will have firm countermeasures on US actions

Dhwani Mehta FXStreet

China’s Foreign Ministry is out with a statement on Monday, noting that Beijing will have firm countermeasures on US actions.

Additional quotes

Reiterates that the US should 'correct its mistakes'.

Urges the US to stop 'going down the wrong path'.

Repeats that China will resolutely defend its own security, development interests.

US WHO withdrawal, reveals pursuit of power politics and unilateralism.

US action interferes with internal affairs, undermines bilateral relations.

US purposely oppressing Chinese firms for no good reason.

Firmly opposes the actions by the US.

Reaffirms that no foreign country has any right to interfere in HK.

Market reaction

The market mood is unperturbed by the above comments, as the Chinese proxy, AUD/USD renews four-month highs at 0.6766, up 1.50% 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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