The risks from debt in China are "totally controllable" but there are challenges that must be given serious consideration, such as the accelerating growth of corporate debt, state news agency Xinhua quoted Vice Finance Minister Zhu Guangyao as saying.

Activity in China's manufacturing sector expanded at the fastest pace in more than two years in October, adding to views that the world's second-largest economy is stabilizing thanks to a construction boom.

China's Defence Ministry on Thursday accused Japanese air force jets of locking their radars on to Chinese military aircraft, acting provocatively and endangering safety, after Japan said it is scrambling a record number of fighter jets.

U.S. Ambassador to China, former Montana Sen. Max Baucus, urges the U.S. to "draw some lines" and show that "we're not going to get bullied," while remaining upbeat overall about U.S.-China ties.

Japan, the United States and South Korea agreed on Thursday to work together to put more pressure on North Korea to get it to abandon its nuclear and missile programmes, Japanese Vice Foreign Minister Shinsuke Sugiyama said.

Failure to approve the Trans-Pacific Partnership trade deal would be a major setback for U.S. interests in Asia as Washington seeks to deepen alliances in the region, Secretary of State John Kerry said on Wednesday, urging Congress to ratify the pact.

Profit growth in China's industrial firms slowed in September from the previous month's rapid pace as several sectors showed weak activity, suggesting the world's second-biggest economy remains underpowered despite emerging signs of stability.

Secretary of State John Kerry says the U.S. and Vietnam share a commitment to rule of law in the disputed South China Sea.

China and the United States are in "advanced negotiations" on returning to China five of its most wanted corruption suspects who have fled to the United States, a state-run newspaper said on Wednesday.

U.S. and Chinese officials met in Washington, DC for the U.S.-China Counterterrorism Dialogue and the Second Civil Space Dialogue on October 25 and 20 respectively.