Top officials from the world's two largest economies are meeting in Stockholm, Sweden this week to avert a damaging trade war.

Activity at Chinese ports has rebounded since U.S. President Donald Trump and China's leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other's exports.

China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.

The Trump administration wants to enlist Southeast Asian countries to build a giant wall around China. The idea is to reduce the countries’ reliance on Chinese supply chains, ween them off Chinese exports,