China’s President Xi: Will ensure smooth supply chains
China “will ensure smooth supply chains,” China Central Television (CCTV), a Chinese state-controlled broadcaster, cites comments from the country’s President Xi Jinping on Thursday.
He added that China “will extend international shipping cooperation.”
Read: Without Chinese growth, inflation is set to fall, market implications
Market reaction
Amidst these above comments and post-Fed reaction, USD/CNY is dropping 0.15% on the day, trading at 6.3964, as of writing.