U.S.'s Mnuchin says hopes to make substantial progress in trade talks with China

U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he hopes to make substantial progress in upcoming rounds of trade talks with Chinese negotiators. "We're looking forward to productive discussions over the next few days," Mnuchin told reporters at a hotel in the Chinese capital Beijing where talks are scheduled for this week.

Chinese Vice Premier Liu He will go to Washington for another round of talks scheduled for next week.