China People's Republic Chair Qiang says the US and China should focus on cooperation, and continue to be friends

Context

China's Chair Qiang emphasizing cooperation with the U.S. is a positive signal amid ongoing tensions, suggesting a potential for easing trade frictions. This could bolster risk sentiment in markets, providing support for equities and commodities, particularly in Asia and Europe. Traders should monitor how this stance influences USD and other currencies, as well as potential shifts in energy prices.

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