Sun, May 19, 2024

AUD: China’s Commerce Ministry Disputes US Report on WTO Compliance

China’s commerce Ministry said the US made False allegations against China in WTO, that is Unilateralism and Hegemonic behavior in business dealings. China is strongly opposed to this comment, China doing a multilateral system of Business with unity behaviour. China sent Naval troops to the Kinmen Islands near Taiwan to protect Sea routes and sea-side Public people from poverty areas.The Australian Dollar moved down after the news flashed.

AUDUSD is moving in the Descending channel and the market has fallen from the lower high area of the channel

AUDUSD is moving in the Descending channel and the market has fallen from the lower high area of the channel

China’s Commerce Ministry accused the US of making false claims about overcapacity and criticized the US for ignoring China’s achievements in WTO commitments. The Ministry also disputed the importance of China’s contribution to the multilateral trading system. Meanwhile, China’s authorities announced increased patrols near Taiwan’s Kinmen islands by the Fujian Coast Guard to maintain order and safeguard fishermen’s safety.

China import from australia

AUD: Ministry Denies US’ False Accusations on China’s Trade Policies

China’s commerce Ministry said the US made False allegations against China in WTO, that is Unilateralism and Hegemonic behavior in business dealings. China is strongly opposed to this comment, China doing a multilateral system of Business with unity behaviour. China sent Naval troops to the Kinmen Islands near Taiwan to protect Sea routes and sea-side Public people from poverty areas. The Australian Dollar moved down after the news flashed.

AUDUSD has broken Ascending channel in downside

A China’s Ministry of Commerce strongly condemns US accusations on trade policies, urging adherence to WTO rules. The US Trade Representative’s 2023 Report on China’s WTO Compliance is criticized for labeling China as the biggest challenge to the international trading system. The head of China’s WTO affairs notes unfounded accusations and laments the US disregard for China’s achievements and contributions. The US is accused of using arbitrary standards, displaying unilateralism and bullying behavior. China asserts consistent support for the multilateral trading system, practicing true multilateralism, fulfilling WTO commitments, and aiding other developing members, especially the least developed countries.

WTO action is under considerations and Australia will make a decision very shortly min

AUD: China Rejects US Report Denying Global Trade Contributions

EURAUD is moving in the Box pattern and the market has rebounded from the support area of the pattern

EURAUD is moving in the Box pattern and the market has rebounded from the support area of the pattern

China’s commerce Ministry said the US made False allegations against China in WTO, that is Unilateralism and Hegemonic behavior in business dealings. China is strongly opposed to this comment, China doing a multilateral system of Business with unity behaviour. China sent Naval troops to the Kinmen Islands near Taiwan to protect Sea routes and sea-side Public people from poverty areas. The Australian Dollar moved down after the news flashed.

Australian Currency AUD in a Piggy bank

China Strongly Objects to US Report Denying WTO Contributions


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