Officials in Beijing said they want the Trump administration to “show sincerity,” as it evaluates efforts by the U.S. to start trade negotiations.

US stocks extend rally on more reports China's open to trade talks. Dow gains 600 points and S&P 500's on pace for longest winning streak in 20 years.

China said it is evaluating U.S. officials’ willingness to negotiate trade talks, giving a spark of hope for de-escalating the trade war between the world’s largest two economies.