China Signals Progress In Trade Talks

China's official news agency says US-Chinese trade talks "achieved new progress" in Washington this week and remaining issues will be handled through "various effective means."

The terse statement by Xinhua on Saturday did not say where or when further discussions will happen.

White House press secretary Sarah Sanders said in a statement on Friday that "significant work remains" and the two sides would be in continuous contact.

Xinhua said the three-day talks that ended on Friday dealt with issues including technology transfer, intellectual property rights protection, non-tariff measures, agriculture and enforcement. Leading the delegations were US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He.

Beijing and Washington are working to end a stand-off that has shaken financial markets and darkened the world economic outlook. (AP)