World applauds progress over trade conflict

A senior Chilean official said he hopes the progress achieved during the recent meeting between President Xi Jinping and his US counterpart Donald Trump could help bring an end to the ongoing trade tension between the two countries.

Hernan Larrain, president of Chile's Political Evolution Party, said: "This trade war is affecting the global economy, not only the Chinese economy, or the US economy. It (has) also affected others, including Chile."

The meeting between Xi and Trump on June 30 during the G20 summit in Osaka, Japan, has led the two countries to reopen bilateral trade negotiations.