US’ Sullivan: China in ‘awkward’ international position over Ukraine China UnitedStates AUDUSD RiskAversion
Additional comments “The Biden administration doesn’t have evidence that China is giving “lethal support” to President Vladimir Putin’s war in Ukraine while seeking to warn Beijing of the risks.“ “When China talks rhetorically about the war in Ukraine, they tie themselves into knots, because they know that going all-in with Russia in this war is Ukraine would alienate a substantial number of countries that they are working hard to maintain good relations with.
”“And Beijing will have to make its own decisions about how to proceed, whether it provides military assistance. But if it goes down that road, it will come at real costs to China.”The ongoing geopolitical tensions between the West and Russia over Ukraine and the alleged Chinese involvement in aiding Moscow continues to weigh on the investors’ sentiments. The AUD/USD pair, therefore, remains dragged down by geopolitical risks, despite a big jump in the Australian Company Gross Operating Profits for the final quarter of 2022. The pair is losing 0.08% on the day to trade at 0.6719, as of writing.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Please follow us on Google to support us United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China feels squeeze from both sides of UkraineAs Vladimir Putin vows to push on with Russia's war in Ukraine, Xi Jinping dangles a peace deal to salvage China's standing in the West.
Read more »
Ukraine war raises specter of nuclear crisis between US and ChinaRussia's invasion of Ukraine could spark a nuclear arms race in the Indo-Pacific if the Kremlin emerges victorious from the war, according to current and former Western officials.
Read more »
China Proposes Russia-Ukraine CeasefireChina has presented a potential treaty that would end the war in Ukraine. See the potential biases and similarities in reports from CNN, BBC, and nypost:
Read more »
China hasn't yet provided weapons to Russia, which would be 'real mistake': Sullivan'We are watching closely,' Jake Sullivan told ThisWeekABC co-anchor Martha Raddatz when discussing China potentially providing Russia with lethal aid for their war in Ukraine, 'We know they haven't taken it off the table.
Read more »
Sullivan won’t say whether US will back Ukraine in retaking CrimeaNational Security Adviser Jake Sullivan wouldn't say whether the U.S. would support Ukraine in trying to retake Crimea during a 'Meet the Press' appearnce on Sunday.
Read more »
Jake Sullivan warns that China giving Russia lethal aid would be a 'bad mistake'White House national security adviser Jake Sullivan underscored that there is no evidence that China has been providing military assistance to Russia in its war with Ukraine.
Read more »