US, EU expresses strong concern over China's 'problematic and unilateral actions' at sea
|On Thursday, US Deputy Secretary of State Wendy Sherman and the Secretary-General of the European External Action Service, Stefano Sannino, held talks in Washington. They released a joint statement raising strong concerns over China’s "problematic and unilateral actions" in the South and East China Seas and the Taiwan Strait, per Reuters.
Key quotes
The two sides discussed rights abuses in China, including repression of religious minorities in Xinjiang and Tibet and the erosion of autonomy in Hong Kong.
They expressed strong concern over China’s problematic and unilateral actions in the South and East China Seas and the Taiwan Strait that undermine peace and security in the region and have a direct impact on the security and prosperity of both the United States and European Union.
Sherman and Sannino are due to continue their China-related discussions with high-level consultations on the Indo-Pacific on Friday.
FX reaction
The news should have weighed down the AUD/USD prices, considering Australia’s trade proximity to China, but the pre-NFP trading lull keeps the quote mostly unchanged around 0.7100 of late.
Read: AUD/USD bears look to 0.7000 on firmer yields ahead of US NFP
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.