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Senior Chinese diplomat: US actions severely damages bilateral relations

  
  Analysis
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Further comments by senior Chinese diplomat, Wang Yi

  • US has many times interfered with China’s internal affairs
  • US should meet China halfway to build cooperative, stable bilateral relations
A couple of harsher words used there but it is nothing that we haven’t heard of with regards to the passing of the HK bill. It is now down to Trump to sign off on that but that appears to be more of a formality at this point.
USD/JPY has eased back a little to 108.52 now after hitting a high of 108.67 after the Chinese commerce ministry remarks just over an hour ago.

China’s Vice com min (weekend comments) urges ‘calm and rational’ resolution to trade war

  
  Analysis
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Types … A, S, space,  I ,F

trump phone tweet
Vice Commerce Minister Wang Shouwen speaking on on Sunday said hopes China and the US will resolve their trade dispute “with a calm and rational attitude”,
I suspect they won’t. Maybe something stop gap will be reached, buy a few soybeans sort of thing, but the issues are deep and we’ve already been disappointed many, many times.
Ministerial-level talks begin in Washington on October 10-11.
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