China’s Liu to Yellen: US-Sino relationship is highly consequential, hopes they can work together

Dhwani Mehta FXStreet

China’s Vice Premier Liu He said in a meeting with US Treasury Secretary Janet Yellen on Wednesday, “US-China relationship is highly consequential,” adding that he “hopes they can work together.”

Additional quotes

“Two countries need ‘serious communication’ and coordination on climate change, macroeconomic issues and others.”

“Important to maintain dialogue and exchanges, seek common ground.”

“Ready to carry out the pragmatic, professional and in-depth exchange.”

Market reaction

AUD/USD is holding sizeable gains on the above comments, trading 0.52% higher at 0.7021.

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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