Chinese President opposes Taiwan independence, interference of external forces

Chinese President Xi Jinping told US President Joe Biden on Thursday that they firmly oppose Taiwan’s independence and the interference of external forces, Chinese state media reported.

“Those who play with fire will only get burnt,” Xi told his American counterpart during the phone call, as per Reuters. “Hope the US side can see this clearly.”

This news headline does not bring about an immediate impact on risk appetite. The US Dollar Index was up 0.15% on the day at 106.62 and Wall Street’s main indexes were rising between 0.15% and 0.55%.