Moneycontrol PRO
HomeWorldChina, US reach ‘framework consensus’ on trade ahead of Trump-Xi meeting, says Wang Yi

China, US reach ‘framework consensus’ on trade ahead of Trump-Xi meeting, says Wang Yi

Chinese Foreign Minister Wang Yi told U.S. Secretary of State Marco Rubio that both sides agreed on a framework to resolve key trade issues before the Trump-Xi summit.

October 27, 2025 / 19:05 IST
China, US reach 'framework consensus' on trade: state media

Chinese Foreign Minister Wang Yi told US Secretary of State Marco Rubio on Monday that trade negotiators from the two countries had reached a "framework consensus", Beijing's state media said.

"Through the Kuala Lumpur economic and trade talks, the two sides... reached a framework consensus on reciprocal solutions to current pressing economic and trade issues," Wang told Rubio, according to a readout of their Monday call published by state broadcaster CCTV.

Negotiators have been working to hammer out the details of a deal on tariffs and other trade issues ahead of Thursday's meeting between presidents Donald Trump and Xi Jinping.

AFP
first published: Oct 27, 2025 07:05 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347