Chinese president hails agreement on issues with top US diplomat, but talks did not appear to make much progress on differences over Taiwan, trade, rights, fentanyl or war in Ukraine

US officials have played down the prospect of a major breakthrough in China-US ties, but say Blinken's primary goal is to establish durable communication channels with Beijing

Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks

The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology

Beijing was talking tough on Friday in the lead-up to a visit by Antony Blinken, warning that "irresponsible hegemonic behaviour .. will only push China and the US towards confrontation"

"I think we gain and China gains from trade and investment that is as open as possible, and it would be disastrous for us to attempt to decouple from China," US treasury secretary Janet Yellen said

The China-owned short video app was used by 20% of 18-to 24-year-olds for news, up five percentage points from last year

The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.

Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday

The move will allow the chipmakers, which include Samsung, SK Hynix and TSMC, to continue to import US chipmaking tools to China for use in their existing fabs in the country

The US, Japan and Taiwan have agreed to share real-time data from reconnaissance drones to improve military coordination and prepare for a potential Chinese invasion, a new report says

The US has added 43 firms – mostly Chinese – to its Entity List, banning them from receiving US exports for activities such as training army pilots and developing hypersonic missiles