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US House speaker Pelosi, is to visit Taiwan on Sunday
Fuji News Network (FNN) reported on Thursday that US House speaker, Nancy Pelosi, is scheduled to visit Taiwan on Sunday, April 10.
The first visit by a serving US House Speaker since 1997 is likely to annoy Beijing and ramp up US-Sino tensions.
Global Times political editor, Hu Xijin, tweeted out already: “Pelosi is playing with fire, so is the US. There must be serious consequences for her visit."
Market reaction
AUD/USD is meandering to near-daily lows of 0.7474, undermined by the renewed US-China tensions and hawkish Fed minutes-led risk-aversion. The spot is down 0.41% on the day.
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