China’s Wang: Told Blinken two sides must consider establishment of rules for positive interactions

Dhwani Mehta FXStreet

Chinese Foreign Minister Wang Yi said in a statement on Monday that he told US Secretary of State Antony Blinken that the two sides should consider establishing rules for positive interactions in Asia-Pacific.

Wang and Blinken met over the weekend, as both senior diplomats described their first in-person talks since October as "candid".

A US official said "neither side held back.” “We were very open about where our differences are ... but the meeting was also constructive because despite the candor, the tone was very professional.”

Market reaction

AUD/USD was last seen trading 0.53% lower at 0.6818, near-daily lows.

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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