China’s Premier Li hopes Beijing and Washington can properly manage differences

Dhwani Mehta FXStreet

Speaking on Sino-American ties, China’s Premier Li Keqiang said that he “hopes two sides can properly manage differences.”

Additional comments

China and US should cooperate to tackle global challenges.

Economic competition between China and the US should be benign, fair.

Bilateral trade volume will be even greater if US relaxes export restrictions on China’s imports from the US.

Will be able to achieve key social and economic targets in 2022 despite difficulties.

Market reaction

At the time of writing, AUD/USD Is off the lows, trading around 0.7343, down 0.18% 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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