China’s Pres. Xi: Willing to offer support to US for coronavirus control


China’s state media reports comments from President Xi Jinping, delivered in a telephonic conversation with US President Donald Trump earlier this Friday.

Key quotes

China has been open and transparent about virus epidemic.

China-US cooperation is the only correct choice.

Hopes US takes substantive actions to improve relations between both countries.

China willing to offer support to US for virus control.

China willing to enhance macroeconomic policy coordination to stabilize market and secure growth.

AUD/USD reaction

The Aussie pair picked up fresh bids on Xi’s comments and revisited the nine-day high of 0.6127. The spot now trades at 0.6101, still up 0.67% on a daily basis.

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