China's top leaders have pledged to boost the country's self-reliance in advanced technologies and spur stronger domestic demand over the next five years.

The appointment of Zhang Shengmin as second-ranked vice chairman of the Central Military Commission was announced at the end of a four-day Central Committee meeting. Zhang becomes the third highest official in the country's top military body, after the first-ranked vice chairman and President Xi Jinping.

The bloc of Southeast Asian nations will host world leaders at a summit this weekend that will run alongside pivotal trade talks between the United States and China and serve as the first stop for U.S.

Tensions between the U.S. and China escalated in the weeks leading up to a possible meeting between U.S. President Donald Trump and Chinese President Xi Jinping.

Chinese state-owned companies including Sinopec canceled some purchases of seaborne Russian crude after the US blacklisted Rosneft PJSC and Lukoil PJSC, adding to signs of disruption in the oil market.

The ruling Communist Party’s elite Central Committee also announced the replacement of 11 members, its highest personnel turnover since 2017 amid a military anti-corruption purge.

Leavitt said that on Monday morning local time, Trump will fly to Tokyo followed by a bilateral meeting with Sanae Takaichi, the new prime minister of Japan. Trump will then fly to Buscan, where he will participate in a bilateral meeting with Lee Jae Myung, the president of South Korea, Leavitt said.

China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade war with the US.

In rural China some farmers still prepare their own coffins and gravesites well in advance. In Chinese, the phrase “to die without a burial spot” is used as a curse (and is often the fate of villains in novels).

Countries worldwide are buying more than ever from China, but domestic consumption is lagging and government stimulus efforts aren’t working.

China’s Commerce Minister struck an optimistic tone on talks with the US, saying Beijing and Washington can find solutions ahead of key trade negotiations between the two countries.