Donald Trump said he held a “very good” phone call with China’s President Xi Jinping, as the US-President elect prepares to return to the White House next week.

U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including TikTok, trade and Taiwan in a phone call on Friday, just days before Trump takes office again promising tariffs that could ratchet up tensions between the world's two biggest economies.

Trump has said he has a "warm spot" for the app, a distinct change of heart after his first administration first called for a ban on TikTok.

Citadel Securities, one of the world's largest market makers, on Friday filed an application for a securities licence in China, about a year after its global CEO expressed interest in entering the market.

Ken Griffin’s Citadel Securities handed in its application to establish a brokerage in mainland China, paving the way for expansion while most Wall Street firms are struggling to navigate the country’s markets.

Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the country's markets.

The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have children have met resistance.

The world's second largest economy faces demographic headwinds, as its dwindling population continues to age, leaving a declining workforce.

China recorded its third consecutive year of population decline in 2024, despite the country’s first increase in births in almost a decade in a year traditionally regarded as auspicious. Figures released on Friday by the National Bureau of Statistics showed the country recorded 9.