• U.S. Secretary of State Pompeo: “Tide is turning” in U.S. dealings with China - Reuters

Market news

30 July 2020

U.S. Secretary of State Pompeo: “Tide is turning” in U.S. dealings with China - Reuters

  • "We see the Chinese Communist Party for what it is: the central threat of our times"
  • Says other countries are supporting U.S. initiatives like push not to use Huawei Technologies Co. equipment in 5G networks and stepped-up maritime maneuvers in the South China Sea
  • "Our vigorous diplomacy has helped lead an international awakening to the threat of the CCP. Senators, the tide is turning"
  • Notes difficulty of forming an international alliance, given China’s economic strength

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