Comments by China's commerce ministry spokesman, Gao Feng
- Hopes that US can show sincerity, constructive attitude
With equities threatening to fall off a cliff and the US midterms looming, the trade rhetoric between the two nations here will take a bit of a breather for the time being. But once the dust settles, expect this to continue to plague market sentiment from time to time as headlines hit and the risk of further escalation intensifies.
For now, the tensions here is still casting a shadow on global growth and that is manifesting itself in the decline in equities we're seeing as well as doubts being thrown on the ECB ahead of the central bank's meeting decision later.
