AsianFin -- U.S. and Chinese officials engaged in nearly six hours of talks in Madrid on Sunday, addressing a wide range of economic and security issues as both governments seek to stabilize ties.

The meetings brought together a U.S. delegation led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, and a Chinese group headed by Vice Premier He Lifeng. According to a senior Treasury official, discussions covered trade, macroeconomic coordination, and the future of ByteDance-owned TikTok, which faces a looming deadline this week to secure an agreement allowing it to continue operating in the United States.

“We’ll start again in the morning,” Bessent told reporters as he departed the talks Sunday evening. Former President Donald Trump, who is scheduled to meet Chinese President Xi Jinping at a summit in South Korea as early as October, later told reporters the talks were “going fine” but stressed that TikTok’s fate would ultimately depend on Beijing’s actions.