China’s surprisingly quick agreement with the US to wind back punitive tariff rates put a spotlight on a Chinese negotiating team that features decades worth of technical trade experience alongside a top aide of President Xi Jinping.

For years, the leader of China has planned to make the world dependent on its exports and know-how. But the strategy has costs for his own country.

Senate Democratic Leader Chuck Schumer comments on the latest events in President Trump's tariff war with China: SEN. CHUCK SCHUMER: Early this morning, it was reported that Donald Trump caved to Xi Jinping and the Chinese Communist Party with virtually nothing to show for American workers.

The leader says he is prepared to “advance the China-Australia comprehensive strategic partnership in a steady fashion”.

Chinese President Xi Jinping made first public comments since the US and China reached a trade truce. “Bullying or hegemonism only leads to self-isolation,” Xi told the audience at a summit with Latin American and Caribbean officials in Beijing on Tuesday.

China and Russia pledged to deepen their relationship and oppose "power politics" amid tough negotiations with President Donald Trump on trade and war.

Chinese President Xi Jinping held talks with Brazilian President Luiz Inacio Lula da Silva, who is on a state visit to China, in Beijing on Tuesday.

Russian President Vladimir Putin has taken center stage at Russia’s Victory Day parade on Friday, surrounding himself by friendly world leaders in a highly choreographed show designed to show the Western world that Russia is far from isolated.