Comments by the Chinese foreign ministry

US-China
  • Says that China opposes US actions, calls it 'pure nonsense'
  • Urges US to stop frivolous political manoeuvres

China continues to repeat the same message as it has been doing when it comes to Hong Kong and the US, so there's nothing new in this.

All eyes will now be on US president Trump and his announcement later today. As such, we can expect the market to be more defensive amid the stirred tensions for the time being.