China’s Commerce Ministry Says Willing to Keep Cooperating with US Under Trade Mechanism Ahead of APEC Shenzhen Summit

The signal here is procedural rather than substantive: Beijing is keeping the bilateral consultation channel warm in public ahead of APEC, and the sequence — a He–Bessent–Greer call followed by ministry-level messaging — suggests the mechanism is being positioned as the main venue for managing differences. For markets exposed to cross-border trade and RWA flows, the relevant question is whether this cooperative framing translates into anything concrete, since no deliverables were disclosed. What's worth watching is whether the Shenzhen summit produces tangible outcomes or remains a photo-op for the mechanism itself.