Comments by China's foreign ministry spokesman, Geng Shuang

  • Says 'wait and see' on retaliatory measures
  • Says no information on any Xi-Trump meeting at G20 summit

Feels like the beginning of a 'cold' period between the two countries now that trade talks failed to yield the necessary progress. China isn't going to be backing down on structural issues so unless the US camp is fine with that, there won't be much else to discuss over the coming weeks I reckon.