Markets in Asia and Europe soar after leaders in Beijing and Washington made positive comments on trade.
US President Donald Trump and his Chinese counterpart Xi Jinping have expressed optimism about resolving a bitter trade dispute, following a phone conversation between the two leaders.
China ‘s foreign ministry on Friday said the call, which took place on Thursday, had been “extremely positive” and that the two leaders think they should enhance economic relations.
Trump had earlier said on Twitter that he held a “very good” conversation with the Chinese president “with a heavy emphasis on trade”.
The US president said talks were “moving along nicely” and that he planned to meet with Xi on the sidelines of the G20 summit at the end of November in Argentina.
Xi told Chinese state media on Thursday that he was willing to meet Trump at the summit and hoped to promote a steady relationship.
“The two countries’ trade teams should strengthen contact and conduct consultations on issues of concern to both sides, and promote a plan that both can accept to reach a consensus on the China-US trade issue,” Xi told CCTV state television.
