Senior Chinese diplomat Wang Yi: US should meet China halfway to build stable bilateral relations

A senior Chinese diplomat Wang Yi was out with some comments in the last hour, reiterating that China resolutely opposes US lawmakers passing the Hong Kong Human Rights bill.

Additional quotes:

   •  China will never allow anyone to destroy Hong Kong's prosperity and stability.
   •  The US has many times interfered with China’s internal affairs.
   •  These actions by the US severely damage bilateral relation and do not help world peace and stability.
   •  Any challenges to China’s system and development path will be futile and has no future.
   •  The US should meet China halfway to build cooperative, stable bilateral relations.
 
The comments did little to ease market concerns or help recover the risk sentiment, capping the USD/JPY pair’s attempted recovery move from one-week lows.