PM holds bilateral talks with Chinese president – as it happened

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• Albanese tells Xi that Australia will stick to its values as he tries to mend China relations
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Nobody pretending issues raised will be solved overnight': Chalmers

Albanese has said there are no preconditions ahead of the meeting with Xi but Karvelas is pressing Chalmers on what could be on the table. He's staying pretty tight-lipped but here are some of his answers.

We've made it really clear for some time ... that these trade sanctions are not in Australia's interests, and we want to see them lifted.

I don't think anybody pretends some of the issues China has raised, certainly some we have raised will be solved overnight, but again we give ourselves a much better chance where there is engagement and dialogue.

Australia's made its views clear over a long period of time when it comes to the detention of these two people.

What's Australia's ambition here?

We seek a more stable relationship with China.

We will speak up for our national interest where necessary, but we believe engagement is important to give ourselves the chance to work through some of these issues if we're talking to each other.