China Premier Li Keqiang is optimistic on US-China relations

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Trump is planning to meet Chinese leader Xi Jinping at the Group of 20 (G20) summit in Buenos Aires later this month.

The two countries need to follow the important consensus reached by the two presidents during their meetings and work together to move China-U.S. ties forward on a sound track, he said. The conversation was mainly about trade, but also about North Korea.

Chinese President Xi Jinping sought to reassure Chinese entrepreneurs at a meeting yesterday with promises to prop up private companies with lower taxes and more funding, as he acknowledged uncertainty in China's economy. "We talked about many subjects, with a heavy emphasis on Trade", Trump wrote in a post on Twitter. According to Trump, a lot of progress has already been made to help resolve the dispute between the two superpowers.

Kudlow said Thursday at an event in Washington that Trump and Xi might be able to break the logjam on issues during the summit.

White House economic adviser Larry Kudlow downplayed the potential for a quick deal.

The direct talks were the first between the two leaders to have been reported since May.

-China trade war, citing unnamed sources.

He said the two countries "are competitors but not adversaries". "They are very willing to make a deal", said trump.

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The project also includes a memorial park at the base of the statue, a visitor facilitation centre and a reception desk. Modi was accompanied by Chief Minister Vijay Rupani. "It is a tribute to the man who united India, Sardar Patel".

Pompeo's comments were the latest slur to come out of Washington, which has accused Beijing of meddling in USA politics, conducting cyber espionage against aviation firms and hacking Trump's iPhone.

China and the United States are locked in a trade war, and both countries have already placed tariffs on some of each others' imports.

Facts show that the sound and stable growth of bilateral relations serves the fundamental interests of the people from China and the United States, he said.

A Chinese state-owned company was charged on Thursday with stealing technology from U.S. chipmaker Micron Technology Inc., part of a Justice Department crackdown against China in cases of suspected economic espionage.

Tensions have increased in recent months with U.S. officials accusing China of meddling in the United States midterm elections, conducting cyber espionage and military aggression.

He adds that any deal reached must be "fair".

Trump's posture toward China has been closely watched by investors, who are looking for the possibility of tensions cooling.

James Zimmerman, a partner with the Beijing office of law firm Perkins Coie and former chairman of the American Chamber of Commerce in China, questioned Trump's sincerity with regards to a possible trade deal.