China’s President Xi Jinping said on Monday, he opposes unilateralism, protectionism and zero-sum games.

Additional comments

“China has always worked together with people across the world in defending international fairness and justice.” 

“China firmly opposes hegemony and power politics.” 

“Chinese people firmly support developing countries' just fight for sovereignty, security and development interests.”

Market reaction

The above comments have little to no impact on the market sentiment, as the S&P 500 futures continue to remain marginally under pressure while the aussie pares early gains.

At the time of writing, AUD/USD adds 0.09% on the day to trade at 0.7470 while the S&P 500 futures drop 0.12% to 4,540.