China says will stay committed to joining hands rather than throwing punches

• We will trade with more friends and become a stronger magnet for investment
• Facing external uncertainty, will stay committed to joining hands rather than throwing punches

While the figure of speech seems to be less feisty, the understanding is that China won’t buckle and try to bolster trade cooperation with other countries than the US instead. There’s still no clear indication that either side is wanting to come to the negotiating table.

This article was written by Justin Low at www.forexlive.com.