• China’s Liu to Yellen: US-Sino relationship is highly consequential, hopes they can work together

Market news

18 January 2023

China’s Liu to Yellen: US-Sino relationship is highly consequential, hopes they can work together

China’s Vice Premier Liu He said in a meeting with US Treasury Secretary Janet Yellen on Wednesday, “US-China relationship is highly consequential,” adding that he “hopes they can work together.”

Additional quotes

“Two countries need ‘serious communication’ and coordination on climate change, macroeconomic issues and others.”

“Important to maintain dialogue and exchanges, seek common ground.”

“Ready to carry out the pragmatic, professional and in-depth exchange.”

Market reaction

AUD/USD is holding sizeable gains on the above comments, trading 0.52% higher at 0.7021.

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