US-China Summit: Washington Proposes Incident Alert System to Beijing

Ahead of the Xi-Trump summit at the White House, Treasury Secretary Scott Bessent met with the Chinese premier and proposed a bilateral alert system for incidents, signaling an effort to manage tensions and establish crisis communication channels. The proposal suggests a shift toward de-risking and stability, though its scope and commitment remain unclear. This development matters as it could reduce the risk of miscalculation between the two largest economies.