Late Tuesday, Reuters quotes the US Commerce Department’s statement saying, “US Commerce Secretary Gina Raimondo met with Chinese Ambassador Xie Feng
Late Tuesday, Reuters quotes the US Commerce Department’s statement saying, “US Commerce Secretary Gina Raimondo met with Chinese Ambassador, as well as the Vice Foreign Minister, Xie Feng and had a ‘productive discussion’ ahead of her trip to China.”
The news also states the policymakers’ discussion about issues relating to the US–China commercial ties and the challenges faced by US businesses, as well as the areas for potential cooperation.The news seems to have underpinned the latest pause in the risk aversion and put a floor under the AUD/USD prices, edging higher to 0.6425 by the press time of early Wednesday morning in Asia.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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