China and U.S. reach basic consensuses to address trade concerns

Chinese Vice Commerce Minister Sheng Qiuping says preparations for the eighth China International Import Expo are nearly complete. The expo in Shanghai runs from November 5th to 10th.

China has completed a joint drill for the upcoming Shenzhou-21 crewed space mission as part of final preparations before the launch. The drill involved all members of the test-and-launch team at the Jiuquan Satellite Launch Center in northwest China.

The Hungarian foreign minister says the country will not support the launch of the European Union accession talks with Ukraine as long as a national government is in power.

Addressing the 20th East Asia Summit in Malaysia, Chinese Premier Li Qiang said the country stands ready to join various parties in advancing the Global Governance Initiative and contributing to regional peace and development.

During a meeting with Australian Prime Minister Anthony Albanese, Chinese Premier Li Qiang said China is ready to build a more mature and stable China-Australia Comprehensive Strategic Partnership.

Official data shows profits of China's major industrial firms increased 3.2 percent year on year in the first nine months of 2025. In September, profits of major industrial firms recovered remarkably, rising 21.6 percent from the same period last year.

The Kremlin says new sanctions against Russia complicate efforts to restore relations with the United States. Kremlin Spokesperson Dmitry Peskov says Russia is interested in building good relations with all countries.

The Chinese and U.S. delegations have reached basic consensuses on arrangements to address their respective trade concerns after two days of talks in Kuala Lumpur.

Timor-Leste has officially become the 11th member of the Association of Southeast Asian Nations. It follows an official ceremony at the 47th ASEAN Summit in Kuala Lumpur.

The Chinese and U.S. delegations have reconvened for the second day of talks on economic and trade issues in Kuala Lumpur.