The White House said before the meeting it was unlikely to produce a joint statement, as relations between the two sides are at their lowest in decades

Tesla said videos showed the car's brake lights were not on when the car was speeding and that its data showed there was no move to step on the brakes throughout the vehicle's journey.

A source said the group made the move partly because of concerns about a backlash in Washington against bankrolling the Chinese government with US capital, the report said.

Biden said there was a need for respect for freedom of navigation and overflight in the East and South China Seas; the US would "compete vigorously" but ensure that "competition does not veer into conflict"

US Treasury officials said Yellen was keen to discuss China’s plans to ease its Covid restrictions and how it will deal with problems in its property sector when they get together.

Data released by the National Health Commission on Sunday showed 14,878 new Covid infections for November 12, up from 11,950 on Friday

The Institute of International Finance said Chinese bond markets have suffered total outflows of $105 billion over nine months, while Chinese stock portfolios lost $7.6bn in October, the most since March.

The latest data suggests the Fed's swift monetary tightening is beginning to have an impact. Some analysts said this may be the start of inflation being defused. US stocks jumped on Thursday

Moves by the Politburo caused Hong Kong's Hang Seng Index to soar by over 7% on Friday, while Shanghai's benchmark CSI 300 jumped by 3% and the yuan hit a one-month high

The US Trade Representative's office said the latest talks between Taiwan and officials from six US agencies went well, before they wound up in New York on Wednesday

JPMorgan says 20% of "junk-rated" companies in China and two thirds of them in Russia could default in the coming year

Cryptocurrency markets were hit hard again on Thursday, after Binance walked away from a bailout deal for its smaller rival exchange FTX.