Vice-Foreign Minister Ma of China is keen to enhance strategic cooperation with Russia.

According to Reuters, Chinese Vice Foreign Minister Ma Zhaoxu told Andrey Denisov, the Russian Ambassador to China, that China was "ready to deepen cooperation with Russia within multilateral frameworks including the G20."

July 06, 2022 - 12:09 PM 201 views

Vice-Foreign Minister Ma of China is keen to enhance strategic cooperation with Russia.

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© Vice-Foreign Minister Ma of China is keen to enhance strategic cooperation with Russia.

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According to Reuters, Chinese Vice Foreign Minister Ma Zhaoxu told Andrey Denisov, the Russian Ambassador to China, that China was "ready to deepen cooperation with Russia within multilateral frameworks including the G20."

According to a statement from the Chinese foreign ministry on Wednesday, Ma told Denisov in a meeting on Tuesday that China is also willing to strengthen strategic coordination with Russia and expand practical cooperation in a number of fields. This information was also reported in news stories that were published early on Wednesday morning in Europe.

The Market Reaction

While traders wait for the Fed Minutes and lick their wounds from the recession, the world markets paid some attention to the news. Despite the market's uncertainty, it's important to note that the S&P 500 Futures are still just slightly offered at 3,830.

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