US Treasury Secretary and China VP to Discuss AI, Trade, Rare Earths in New York
US Treasury Secretary Scott Bessent will meet China's Vice Premier He Lifeng in New York this weekend to discuss AI, trade, rare earths, and economic issues. The meeting underscores the strategic importance of bilateral economic ties amid tech competition. Details are limited, and outcomes are uncertain.
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US-China Economic Diplomacy: Xi Visit Prep, Trade Truce, Tech Disputes
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are confirmed to meet in New York to prepare for an upcoming visit by President Xi Jinping to Washington. The primary agenda items include reinforcing a commercial truce, preventing tariff reinstatements, and addressing technology disputes concerning AI and rare earths. The meetings indicate continued diplomatic engagement and a de-escalation in bilateral tensions, though specific outcomes remain uncertain.