Beijing Very Concerned About Trump’s One China Stance

Donald Trump attracted criticism from China after the president-elect stated that the U.S. did not necessarily have to stick to the “One China” policy.

China’s foreign ministry said in a scheduled briefing that it was extremely concerned with Trump’s comments, with spokesman Geng Shuang telling reporters that the policy was the basis of relations between the world’s two largest economies.

The government’s official response came after the Communist Party-owned paper, Global Times, published an opinion piece with the headline: “Trump, please listen clearly, the One China policy cannot be traded” as it warned Trump that China cannot “be easily bullied”.

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.