Beijing has pledged to make its financial sector more open to foreign investors. The People's Bank of China says it will allow non-Chinese companies to compete in areas including financial leasing by the end of the year.
President Trump and Chinese leader Xi agreed to a 90-day stop to new tariffs in a step to slow an ongoing trade war. The meeting came on the heels of a G20 summit that called for revamping world trade rules.
China claims Canada has violated the rights of Huawei executive Meng Wanzhou, who was arrested as she passed through Vancouver on December 1. US and Chinese sources say her arrest is not linked to trade negotiations.
The Asia-Pacific summit has become the latest stage for the trade dispute between the US and China. Beijing called for consultations as Washington threatened more tariffs.
The ten-member ASEAN and its partners are meeting this week amid worries the US-China trade row will negatively impact the region. The summit is expected to see progress made on a China-backed regional trade pact.
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