There is some chatter about that China will release the two imprisoned Canadians

Now that President Biden has specifically raised the cases of Michael Kovrig and Michael Spavor:

• Biden says the US and Canada will work together to get Canadians released from China prison

There is some speculation out of China that President Xi may release the pair as a goodwill gesture, citing 'humanitarian grounds' as his reason

Not doing so risks further damage to the US-China relationship that is already off to a less than spectacular start with the new US administration.

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Not directly of relevance to FX (perhaps more to AUD than anything else - China has been kicking Australia as a proxy for the US) but it does speak top US-China strains.