Talks have helped to steady a rocky relationship between the world's top two economies - but the rivalry persists.

High on agenda for the leaders of the US and China will be rare earths and tariffs, with a chance of a relationship reset

The bilat with President Donald Trump and Chinese President Xi Jinping comes just as a recent flare-up in U.S.-China trade relations has appeared to calm down.

Speaking to the media at the start of their talks, the leaders of the US and China indicated that they were prepared to declare a truce on some key issues

As Chinese President Xi Jinping and U.S. President Donald Trump met Thursday, many people in China cheered the in-person meeting.

The US president and his Chinese counterpart met face-to-face for the first time in six years.

Talks have helped to steady a rocky relationship between the world's top two economies - but the rivalry persists.

Outcome appears closer to truce than durable peace but outline of broader diplomatic relationship is visible

President Donald Trump said the rare earths agreement is a one year deal that will be "very routinely extended as time goes by."