Addressing reporters after the talks, China's international trade representative with the Ministry of Commerce Li Chenggang said a "basic consensus" was reached after a "in-depth and candid discussion".
He Lifeng met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer over the weekend on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur, describing the discussions as "candid, in-depth, and constructive."
United States President Donald Trump on Sunday expressed confidence in achieving lasting peace in the Middle East, while warning Hamas of serious consequences if the ceasefire agreement with Israel is violated.
China on Saturday strongly opposed a US Trade Representative (USTR) probe into its compliance with the Phase One trade agreement, accusing Washington of escalating economic pressures and spreading false narratives that undermine bilateral ties.
US and China officials met in Kuala Lumpur to prevent trade war escalation ahead of Trump-Xi talks. Discussions focus on tariffs, technology controls, and US soybean purchases. Recent US export blacklists and China's rare earth controls have strained a truce, with outcomes uncertain for b
The International Monetary Fund (IMF) has predicted that India will continue to be one of the fastest-growing 'emerging market and developing economies' in 2025-26, growing at a rate of 6.6%, according to the World Economic Outlook (WEO) report.
The two sides will hold consultations on important issues in China-US economic and trade ties in accordance with the important consensus reached by the heads of state of the two countries during their phone calls this year, the Commerce ministry spokesperson said in a statement.
Chinese Foreign Ministry spokesperson said, "China calls on the U.S. as well as companies concerned to respect facts and multilateral trade rules, abide by the principles of market economy and fair competition, correct the wrong approach as soon as possible and stop harming China's interests
The Chinese Ministry, in a statement, outlined a phased escalation for the special port fees on eligible US vessels berthing at Chinese ports, which will initially be 400 yuan ($56) per net ton from Tuesday and increase annually on April 17 for the subsequent three years.
US Treasury Secretary Scott Bessent said the US and China had "substantially de-escalated" and that he expected a planned meeting between Trump and Xi at the APEC forum in South Korea in late October to go ahead.
China rejected new US sanctions, saying it will take necessary steps to protect its interests. Foreign Ministry spokesperson Lin Jian urged the US to correct its approach and resolve differences through dialogue, stressing that both sides should maintain ties based on equality, respect, a
China has pushed back against US President Donald Trump's decision to impose new tariffs on Chinese goods, calling the move hypocritical and defending its own export restrictions on rare earth materials and related equipment.