Xi calls on Trump to 'build a brighter future' together; trade teams reached 'positive outcome' yesterday. state media

President Xi says the trade teams from US and China "reached a generally balanced and positive outcome" when they met yesterday, Chinese state media are now reporting.

US Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng in South Korea yesterday, ahead of the highly anticipated presidential meeting today.

"Facts have repeatedly proven that there are no winners in a trade war, and the essence of China-US economic and trade relations is mutual benefit and win-win cooperation," Xi said, according to Chinese state media. "Both sides should work together to maintain the hard-won positive momentum."