China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.

President Trump and Chinese President Xi Jinping’s trade truce avoids an open rupture in US China trade relations but analysts say it’s more of a de-escalation than progress.

The trade truce struck on Thursday between the United States and China gave American soybean farmers a lifeline they desperately needed after months of worry that an extended Chinese boycott would put them out of business.

American farmers welcomed China's promise to buy some of their soybeans, but they cautioned this won't solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.

"China, which takes more than 60% of world soybean imports, has nearly completed booking cargoes from Brazil and Argentina through November, with limited purchases expected for December and January ahead of the Brazilian harvest.

A former military intelligence soldier was sentenced to four years in prison after pleading guilty to attempting to deliver classified material to China.

Asian shares have retreated after President Donald Trump's meeting with Chinese leader Xi Jinping. Trump said the meeting was “amazing” and had resolved many issues.

Beijing has been expanding its arsenal, and distrust between China and the United States over nuclear weapons has deepened, with little hope of an agreement.