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The Editor-in-chief of Chinese and English editions of the Global Times, Hu Xijin, tweeted out on Tuesday: “China is very restrained on the trade war and on other issues. I actually think there are many fervent racists and imperialists in the current US administration. They are undermining world peace, bringing great uncertainty to the 21st century.”

This comes in response to the US Agriculture Department top trade official’s, Ted McKinney, comments. McKinney called Chinese President Xi Jinping a “communist zealot,” as he warned farmers the Asian leader is a tough adversary in negotiations.

McKinney said in his remarks to 380 farmers the group gathered in Washington to lobby the government.

The risk sentiment remains tepid amid renewed fears of a deeper Chinese economic slowdown that faded the US-China trade optimism, spurred by the US President Trump’s comments earlier today. USD/JPY retraces further from daily tops of 107.50.