Chinese stocks erased earlier gains before the second day of trade talks with the US, as investors awaited progress on some thorny issues between the world’s largest economies.

Global stocks rose and the dollar edged higher on Tuesday as trade talks between the United States and China were set to extend to a second day, with tentative signs that tensions between the world's two largest economies could be easing.

Global shares are mixed as investors focus on the result of the ongoing trade talks between Washington and Beijing