By Jihoon Lee GYEONGJU, South Korea (Reuters) -South Korea aims to deepen cooperation with the United States, stabilise supply chains with China, and diversify its trading partners to navigate global challenges,

China’s leadership have just concluded a closed-door conclave focused on drawing up the country’s next five-year economic blueprint – a sweeping plan covering everything from accelerating tech innovation to streamlining how Chinese farms grow food.

China’s economy expanded at 4.8 percent in the third quarter—the slowest rate in a year—according to data released on Monday by its National Bureau of Statistics (NBS), as ongoing trade tensions with the United States continue to weigh on growth.

China is on a policy-fuelled push to turn the likes of drones and flying taxis into everyday business. Patchy progress and lagging rules risk grounding its sky-high ambitions.

President Donald Trump and Chinese Premier Xi Jinping are expected to reach a deal to avert 100% tariffs on China, Treasury Secretary Scott Bessent said following talks with China’s top trade negotiat

China pledged to “significantly” boost the share of consumption in its economy over the next five years while keeping tech and manufacturing as the top priorities, in an effort to become less reliant on exports after a steep escalation of trade tensions in 2025.

President Donald Trump will meet Chinese President Xi Jinping at the APEC Summit amid ongoing trade negotiations and tensions over rare-earth export controls.