Hegseth told ASEAN defense ministers he is prepared to support pragmatic cooperation on clear, mutually overlapping shared interests.

GBP/USD fell below 1.33, down 0.30% intraday.

BEIJING, Oct 28 — Ministry of Industry and Information Technology Vice Minister Xiong Jijun met AmCham China president He Maike and member-company delegates to discuss cooperation in new-energy vehicles, information technology and artificial intelligence. Xiong said MIIT is willing to work with US counterparts to implement the consensus from the two leaders' meeting, maintain and expand high‑level opening, and provide services and support to market participants including foreign firms, and invited US companies to deepen investment in advanced manufacturing and related sectors. AmCham thanked MIIT for its support and said it will encourage members to expand cooperation with China.