China, U.S. Reach Basic Consensus in Kuala Lumpur Trade Talks Ahead of Leaders’ Summit
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He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, poses for a photo with U.S. Treasury Secretary Scott Bessent on October 25. Photo: Xinhua
Top trade negotiators from China and the U.S. have reached a basic consensus on a range of critical economic issues after two days of talks in Kuala Lumpur, with both sides agreeing to finalize details and seek domestic approval ahead of the summit between the two countries' presidents later this week in South Korea.
Chinese President Xi Jinping and his U.S. counterpart Donald Trump are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit Thursday in Gyeongju, South Korea, to finalize the trade deal.
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