US has the upper hand in US-China trade war, but ... - Hu Xijin

The Global Times Chief in Editor, Hu Xijin , as crossed the wires via Twitter with the following statement:

"The US has the upper hand in US-China trade war, which allows it to decide when to end the trade war, but far from enough for it to decide how to end the trade war. The US side wants both, then it needs to change an adversary."

FX implications:

More to come...