Commitments by China and other major economies over the weekend have lowered the threat of currency depreciations that could fuel global market turmoil, U.S. Treasury Secretary Jacob Lew said Tuesday.

U.S. Defense Secretary Ash Carter on Tuesday warned China against "aggressive" actions in the South China Sea region, including the placement of surface-to-air missiles on a disputed island.

Singapore and China are working on some exploratory ideas to minimize the risk of unplanned encounters at sea, amid increased fears of potential clashes between Chinese and foreign militaries in the contentious South China Sea.

President Xi Jinping will meet with US President Barack Obama soon, it was disclosed on Monday.

China's premier told visiting U.S. Treasury Secretary Jacob Lew on Monday his government is pressing ahead with painful reforms to shrink bloated coal and steel industries that are a drag on its slowing economy and ruled out devaluing its currency as a short-cut to boosting exports.

A vice governor of China’s central bank said the authorities have full confidence in yuan’s fundamentals and the nation’s capital outflows will slow down, reiterating recent rhetoric to soothe market concerns about the domestic currency.

Chinese policymakers told global financial leaders on Friday the world's second-largest economy remains on a sound footing, while also seeking to manage expectations around the pace of economic reforms in the country.

China on Thursday confirmed it would send warships to join a major U.S.-hosted naval drill this summer, even as tension between the world's two largest economies mounts over the South China Sea.

The United States and China have agreed on a draft resolution that would expand U.N. Security Council sanctions against North Korea over its latest nuclear test and hope to put it to a vote in the coming days, council diplomats said on Wednesday.

The U.S. and China showed no sign of quelling tension in the disputed South China Sea as their top diplomats met in Washington on Tuesday. A leading U.S. military officer told Congress that China was seeking to control East Asia.