China premier Li says China will further deepen reforms and opening up its economy

Further comments by Chinese premier Li Keqiang

  • Adding that China will also protect the global free trade system

Li's comments on the day (earlier here) so far doesn't offer too much. He's playing the "yes, we will heed your advice and do what is necessary" card but it'll be too naive to believe that Trump will be able to take these words at face value and move on from the recent trade spat - they have been reiterating this since forever to be honest.

If Xi Jinping's comments tomorrow border on the same periphery as Li's comments today, it's not going to be the sort of comfort that the equities market is anticipating right now.

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