China president Xi: There is no winner in a tariffs war ...Middle East

No matter the changes to external environment, China will strengthen its confidenceTo maintain determination and concentrate on doing its own thingChina and Europe should stick to partnership and adhere to open cooperationChina and Europe should fulfil international responsibilities, jointly maintain international trade orderBoth sides should not only safeguard own interests but international fairness and justice

If the idea is to alienate China, then it's not exactly working. Sanchez's visit to Beijing is a timely one and his meeting with Xi speaks a lot about the optics of the current situation. As Trump's tariffs push both China and Europe to the corner, both sides are finding out that the enemy of my enemy is my friend.

This article was written by Justin Low at www.forexlive.com.

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