Could Surprise talks in Beijing point to a calming of US-China tensions.

That's where we're going to start, the Marketplace Morning Report from the BBC World Service.

Will Bain with you again today, great to have your company as always.

Yes, in the past couple of hours, the U.S. Secretary of State Anthony Blinking and China's

President Xi-Chinging Ping have met in Beijing.

President Xi told Mr. Blinken that China and the US should be partners, not rivals, and

avoid engaging in vicious competition.

This was the Secretary of State speaking just before that meeting.

Moving forward on the agenda that our president set requires active diplomacy.

And there's no substitute in our judgment for face-to-face diplomacy in order to try to move forward,

but also to make sure that we're as clear as possible

about the areas where we have differences.

At the very least, to avoid misunderstandings, to avoid miscalculations.

That really is a shared responsibility that we have,

not only for our own people, but for people around the world, given the impact that the relationship

between our countries has around the world.

Well, I asked the BBC's China correspondent, Stephen McDonnell,

where the talks had managed to get beyond geopolitics and onto trade and economics.

So we have had references to economic and trade cooperation, but nothing really specific.

However, anyone who follows China, U.S. relations will know that chips, for example, for for computers anything that has a potential

military application AI these are major stumbling box I don't think we're

going to go back to the sort of more glory days in terms of openness

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