GYEONGJU, South Korea (Reuters) -South Korean President Lee Jae Myung will sit down with Chinese President Xi Jinping for talks on Saturday, marking the first bilateral summit between the leaders and the first visit by Xi to his Asian neighbour in more than a decade.

Chinese President Xi Jinping invited Prime Minister Mark Carney to visit China as the pair met on the sidelines of the Asia Pacific Economic Cooperation summit in South Korea on Friday.

World leaders kicked off the Asia-Pacific Economic Cooperation summit on Friday, with Chinese President Xi Jinping taking the spotlight to address global trade uncertainties.

Trump has dangled tariff relief as part of trade negotiations, while Beijing is upgrading commercial ties with ASEAN.

U.S. President Donald Trump hailed a meeting with China’s Xi Jinping as “amazing” and “12” on a 10-point scale, but the agreement the two leaders reached appears to be no more than a fragile truce in a trade war with root causes still unresolved.

Canada’s relations with China are among the worst of any Western nation but both are at the sharp end of Donald Trump’s tariff onslaught, even after Xi and the US leader’s deal Thursday to dial back t

China said that it and the U.S. have agreed to suspend certain export restrictions for one year, including China's proposed restrictions on exporting rare earth minerals. "The U.S. will suspend its 50% penetration rule on export controls,

Trump is in South Korea, the final stop of his Asia tour, where he says he expects to nail down a "good deal for both" China and the U.S. with Xi Jinping.