US President Trump said that while his meeting with China's President Xi Jinping was far better than expected, he was "in no hurry" to cut a trade deal. Trump also said he would not increase existing tariffs to China. "I am in no hurry, but things look very good," Trump wrote in a post on Twitter, referring to ongoing talks between Washington and Beijing.

Ahead of the crucial talks next month to finalise the texts of trade-deal with US to end the trade-war, a-top Chinese-official said that China will import more goods from US to balance bilateral-trade, a key demand of President Trump. Trump is demanding China to reduce the $375-billion trade deficit and protection of IPR, technology transfer and more access to American goods to Chinese markets.

Citing poor media freedoms, racism and "ideological prejudice", China hit back on Thursday in unusually strong terms after the U.S. State Department slammed China's rights record, including equating abuses on its Muslim minorities with the 1930s. China fully safeguards human rights and China has made many achievements in this regard, he added. "The double standards of human rights it pursues are obvious," it said.