Many risk-off moves taken over the past two weeks are being unwound, said Simon Harvey, an FX market analyst at Monex Europe in London.
"We are concerned that China has grown more willing, as I said, to apply pressure against other countries and accept friction in pursuit of its vision," the Pentagon official said
The United States and China continue to haggle over some remaining issues, including how many of the American tariffs on Chinese goods will be removed, and when
China cannot afford to accept US terms which effectively prevent China's continued rise
China has long said it would further liberalise its vast market at its own pace
However, the US asks countries to take on their own challenges, foster their self-reliance, build their next generation of leaders, and then join us, in terms of leadership around the world
As rising importance of robotics and AI blunts China's manufacturing edge, ability to lead in technology will become more important
The Chinese president said the general direction should head toward a peaceful settlement
Trump has turned to Beijing to help rein in North Korea's weapons programme
He said the US did not necessarily have to stick to its long-held stance that Taiwan is part of 'one China'
China lashed out at the US for describing jail sentences given to four human rights activists as 'politically motivated'