US House Speaker McCarthy praises Taiwan talks, China Foreign Ministry alleges break of commitment
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US House of Representatives Speaker Kevin McCarthy crossed wires, via Reuters, late Wednesday while praising talks with Taiwanese President Tsai Ing-Wen. The Diplomat, however, ruled out chatters of his visit to the Asian nation by saying, “I don’t have any current plans to visit Taiwan but that doesn’t mean I will not go.”
Soon after the comments from US House Speaker McCarthy, China’s Foreign Ministry Spokesperson crossed wires and alleged the US of breaking its commitment on the Taiwan issue. The following are additional statements from Chinese Foreign Ministry Spokesperson:
The news could weigh on the AUD/USD price which is picking up bids to pare recent losses around 0.6720 by the press time.
Also read: AUD/USD regains 0.6700 in a corrective bounce ahead of Australia trade numbers, China PMI
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