- MarketPulse - https://www.marketpulse.com -

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”.

CNBC [1]

Week Ahead – Fed Highly Anticipated to Hike US Rates [2]

Crude Steady Ahead of Crucial Oil Summit [3]

Dollar Debt Issuance Soars in Q3 [4]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])