Chinese Foreign Minister held a phone call with US Secretary of State Rubio, Xinhua reports; both should prepare high-level exchanges
- China-US relations maintained overall stability.
- Should expand cooperation and manage differences.
- The Taiwan issue is of China's core interest - this is the biggest point of risk.
- Urges the US to keep promises and make the right choices.
Context
The call between China’s Foreign Minister and US Secretary of State Rubio suggests a willingness to stabilize and potentially improve deteriorating ties, though the emphasis on the Taiwan issue highlights an ongoing flashpoint that could escalate tensions. Markets may interpret these discussions as a sign that both countries are looking to manage their differences, which could have implications for trade relations and overall global risk sentiment.
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