Forex News May 23, 2022

 

China

China warns the US not to underestimate its resolve on Taiwan

Beijing responds with a warning salvo directed at Biden

This comes after Biden’s remarks in Tokyo.

“No one should underestimate the Chinese people’s firm resolve, staunch will, and strong ability in defending national sovereignty and territorial integrity,” said China’s foreign ministry spokesman.

It’s pretty clear what the message is about and who it’s intended for.

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