China's top paper says no place for a 'new cold war' with U.S.

A member of staff from Chinese government adjusts U.S. and Chinese national flags before a news conference for the 6th round of U.S.-China Strategic and Economic Dialogue at the Great Hall of the People in Beijing, July 10, 2014. REUTERS/Jason Lee

SHANGHAI (Reuters) - China and the United States must avoid a "new cold war" in their international relations, China's top newspaper said on Saturday, in the wake of high level talks in Beijing between senior leaders of the world's two largest economies.

China and the United States agreed on Thursday to boost military ties and counter-terrorism cooperation during annual talks in Beijing, but there was little immediate sign of progress on thorny cyber-security or maritime issues.