17 September 2025 China Macro Tracker Economics US-China talks see progress in Madrid Trade relations: US-China talks see breakthrough in Madrid US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng led trade talks in Madrid, Spain from 14-15 September, marking the fourth high-level meetings between the US and China within four months. The talks appeared constructive: a framework deal for TikTok has been reached (though yet to be finalised by the Presidents), while a subsequent call will oc ...