China’s Commerce Ministry urges US to lift sanctions on Chinese companies

Market news

13 July 2023

China’s Commerce Ministry urges US to lift sanctions on Chinese companies

In a statement on Thursday, China’s Commerce Minister called on the US to lift "unilateral" sanctions against them.

The Ministry also asked the US to immediately stop what it called the unreasonable suppression of Chinese enterprises.

Market reaction

AUD/USD is unfazed by the renewed US-China tensions, trading 0.89% higher on the day at 0.6847, as of writing.

Euro pushes higher and prints new tops near 1.1170 ahead of ECB, US data

AUD/USD Price Analysis: 0.6900 seems next stop for Aussie

Market Focus

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