China's Foreign Minister Wang Yi said on Tuesday that there is “no information to offer on possible meeting between the country’s President Xi Jinping and his US counterpart Joe Biden.

Meanwhile, the Chinese Finance Ministry said that they will impose a consumption tax on e-cigarettes sold in China starting November 1.

Separately, China's foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, Reuters reported, citing three sources with direct knowledge of the matter.

Market reaction

more to come ...