US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng held productive trade discussions in Malaysia as both nations aim to ease tensions before the anticipated Trump-Xi meeting in South Korea next week.

Trump's Asia summit tour includes meetings with Chinese President Xi Jinping and other regional leaders as trade tensions with Beijing escalate.

Nkarta CEO Paul Hastings recently spoke to the importance of the industry's collaborations with Chinese biopharma companies. Asian biopharmas had a large presence at a major cancer conference over the weekend.

Asian shares are mostly higher after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi Jinping next week