US Commerce Sec Ross: China now understands how dependent its economy is on US – CNBC

Haresh Menghani FXStreet

U.S. Commerce Secretary Wilbur Ross, speaking to CNBC this Monday, was noted saying that China has now understood how dependent its economy is on the US.

Additional quotes:

• ZTE was a wake-up call for China.
• There is a very good chance of a settlement with China on immediate trade.
• The real issue is the enforcement of promises and compliance.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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