China’s top diplomat Wang: China has no room for compromise and concessions on Taiwan issue
In a scheduled meeting with US Secretary of State Antony Blinken, China’s top diplomat Wang Yi said that “China has no room for compromise and concessions on the Taiwan issue.”
Additional quotes
We need to take a responsible attitude toward the people, history and the world and reverse the downward spiral of US-China relations.”
The US-China relationship is at a low point, with the root cause being the US’s incorrect impression of China
Asks the US to stop speculating on the ‘China threat theory’ and remove illegal unilateral sanctions against China.
Asks US to abandon its suppression of China’s scientific and technological development, refrain from arbitrarily interfering in china’s internal affairs.
Emphasizes that maintaining national unity will always be the core of China’s core interests.
It is necessary for the US to reflect deeply and work with china to manage differences and avoid ‘strategic surprises’.
Market reaction
AUD/USD is recovering losses, despite the mixed comments from the Chinese official on the US-Sino relationship. The pair trading 0.15% lower on the day at 0.6867, as of writing.