US, China officials said to reach agreement on some areas of trade dispute - report

Report by Xinhua News Agency

• But still have relatively big disputes on some issues
• Willing to maintain close communications on relevant issues
• To resolve trade dispute via dialouge
• Both parties willing to set up mechanism on relevant issues
• US, China exchanged opinions on expanding US exports to China and bilateral services trade
• Also exchanged opinions on solving tariffs and non-tariff measures

Well, that's some positive news at least to have come out despite the fact China's officials labelled the demands of the US as "unfair" earlier.

Even though this may be political appeasement and "all for the show", it should at least provide some relief for risk assets that things didn't turn out too badly between the two and that there's hope for future reconciliation on trade.