China’s Vice Premier He: China’s stance on trade issues with the US is clear and consistent

Following the US-China trade talks in London, Chinese Vice Premier He Lifeng said on Wednesday that “China’s stance on trade issues with the US is clear and consistent.”

Additional quotes

China not willing to fight but not afraid to fight.

Two sides should enhance concensus.

Both should strengthen cooperation.

Two sides should jointly safeguard the hard-won outcome from the dialogues.

Both should maintain communication.

Should push for stable and long-term China-US trade and economic ties.

Market reaction

The Chinese proxy, the Australian Dollar (AUD) is uninspired by these comments, with AUD/USD down 0.17% on the day at 0.6511 at the time of writing.