Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.

Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.

The incoming US administration is looking to counter growing co-operation among its adversaries on the world stage.

Memorandum was shaped to help Trump's team build its approach in dealing with relationships involving America's most prominent adversaries and competitors