Chinese state media quoted the Chinese foreign minister as saying on Monday that he met with the US ambassador to China in Beijing.
“It is imperative to stabilize Sino-US relations, avoid a downward spiral, and prevent accidents between China and the US.”
“The US side should correct its understanding of China and return to rationality.”
“The US must especially handle the Taiwan issue properly and stop continuing to undermine the One China principle.”
“The US must respect China’s bottom line and red line, stop harming China’s sovereignty, security and development interests.”
AUD/USD did not disappoint on the above comments, holding higher near 0.6775, up 0.35% so far.