Just an update on US China trade (and other) relations

You'll recall yesterday the news that China had pulled out of trade talks (and more) weighed on AUD/JPY on the opening:

This overnight from China:

  • China accused the United States on Monday of using false accusations on trade to "intimidate" other countries
  • US has "made a series of false accusations, and used increasing tariffs and other means of economic intimidation, to try to impose its own interests on China by way of extreme pressure"

Statement was issued by China's State Council (essentially government cabinet)