• China's Foreign Minister Wang urges US to stop curbing China's development

Market news

31 October 2022

China's Foreign Minister Wang urges US to stop curbing China's development

In a phone call on Sunday, China's Foreign Minister Wang Yi urged US Secretary of State Antony Blinken to stop curbing China's development.

China confirmed a phone call between US Secretary of State Blinken and China's Foreign Minister Wang Yi on Monday.

Key quotes

“The US must correct curbs on exports and investment.”

“The US’ side should stop the practice of containment and suppression against China and not create new obstacles to the relationship between the two countries.”

Market reaction

At the time of writing, AUD/USD is consolidating the upside at around 0.6425, adding 0.16% on the day.

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