China’s Commerce Ministry Spokesperson Shu Jueting said in a statement on Thursday, the country’s foreign trade in 2022 will continue to remain "complex and severe".

China will continue to closely track changes in the situation while "stimulating the vitality" of market players and maintaining the operation of foreign trade within a reasonable range, Shu added.

Market reaction

AUD/USD is little affected by these comments, bouncing back towards daily highs of 0.7181, as of writing. The spot is up 0.12% on the day.