China’ s Ministry of Commerce says is has “decided to agree to engage with the US”

China’s Ministry of Commerce:

• China has carefully evaluated the information provided by the United States.
• After fully considering global expectations, China’s interests, and the appeals of the U.S. industry and consumers, China has decided to agree to engage with the United States.

These guys sound, to use an Australian term, a bit up themselves.

Whatever, talks are beginning:

• “Sources” say US’ Bessent and Greer to meet with China rep on Economic Matters this week
• Australian dollar higher on talk of Bessent/Greer/ China Vice Premier He Lifeng meeting

• China confirms Vice Premier He Lifeng to talk trade with Bessent this week

This article was written by Eamonn Sheridan at www.forexlive.com.