China trade negotiator, vice premier arrive for second day of US-China trade talks

Chinese Vice Premier He Lifeng and trade envoy Li Chenggang arrived in Kuala Lumpur for the second day of talks with the U.S. delegation led by Secretary Bessent and U.S. Trade Representative Greer. The meeting aims to defuse escalating trade tensions including export controls and 100% tariff threats. The venue is the sidelines of the ASEAN summit and is meant to set the stage for a potential Donald Trump–Xi Jinping review. Market watchers see implications for supply-chain risk and global trade flows.