Chinese Foreign Minister Wang Yi said in a statement on Monday that he told US Secretary of State Antony Blinken that the two sides should consider establishing rules for positive interactions in Asia-Pacific.
Wang and Blinken met over the weekend, as both senior diplomats described their first in-person talks since October as "candid".
A US official said "neither side held back.” “We were very open about where our differences are ... but the meeting was also constructive because despite the candor, the tone was very professional.”
AUD/USD was last seen trading 0.53% lower at 0.6818, near-daily lows.