In an opinion piece carried by a local Australian press late-Thursday, China’s ambassador to Australia expressed his thoughts on the ongoing US-China trade spat.
China does not want a trade war with the United States.
But Beijing is not scared of retaliating.
US tariffs on Chinese goods "bullying".
In the face of US trade bullying and extreme pressure, China's position has always been rational and clear-cut.
We do not want a trade war, but are not afraid of fighting one.
The US-China trade optimism remains intact, despite the latest remarks, as markets eagerly await the Oct US-China trade talks for fresh cues.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.