Chinese Commerce Ministry Official says China and the US maintained communication at various levels following the leaders' summit in South Korea

• China and the US are to manage differences and promote stable trade ties. 

The statement from the Chinese Commerce Ministry underscores ongoing diplomatic efforts between the US and China to manage their differences. This is significant as it may help stabilize trade relations, which have been a source of tension, potentially reducing market volatility in related assets such as equities and commodities.