US Treasury chief says to meet Chinese counterpart at weekend
Scott Bessent said the talks may also cover artificial intelligence as Washington seeks to curb Tehran’s sanctions workarounds.
- Treasury Secretary Scott Bessent will meet China's Vice Premier Lifeng this weekend to discuss Iran sanctions, ahead of President Donald Trump and Chinese President Jinping's September 24 summit.
- Vowing an "economic D-Day" against Iran, Bessent previously pledged to choke off Tehran financially; China remains Iran's top economic partner, purchasing much of its oil output.
- Bessent told the House Financial Services Committee, "With China, we have had some very good private discussions," adding that cooperation would continue during President Jinping's upcoming state visit to Washington.
- Washington has already sanctioned three banks to prevent Tehran from circumventing sanctions; Bessent noted that warnings have been heard, though the Treasury Department did not elaborate on specific agenda items.
- Diplomatic sources indicate the upcoming talks may also address artificial intelligence, with the meeting between Bessent and Lifeng establishing the agenda for Trump and Jinping's September 24 gathering.
14 Articles
14 Articles
Scott Bessent confirms weekend meeting with He Lifeng days before Xi’s US visit
US Treasury Secretary Scott Bessent on Tuesday confirmed that he will meet Chinese Vice Premier He Lifeng this weekend for the final preparatory talks between the two sides, less than a week before Chinese President Xi Jinping travels to Washington for a bilateral summit with US President Donald Trump. “With China, we have had some very good private discussions, and I look forward to those continuing this weekend when I meet my Chinese counterpa…
Bessent cites progress in cutting off Tehran's financial lifelines
Treasury Secretary Scott Bessent said Tuesday he plans to meet with Chinese Vice Premier He Lifeng over the weekend to discuss economic pressure on Iran and set the table for Chinese President Xi Jinping's visit to Washington.
US Treasury chief says to meet Chinese counterpart at weekend
Asked about efforts to prevent Tehran's workarounds of US sanctions amid war with Iran in the Middle East, Bessent told lawmakers that Washington's warnings have been heard. "We have sanctioned three banks. With China, we have had some very good private discussions, and I look forward to those continuing this weekend when I meet my Chinese counterpart Vice (Premier) He Lifeng," Bessent told the House Financial Services Committee. "I'm sure it wi…
The head of the United States Ministry of Finance, Scott Bessent, discussed with Chinese officials the calls of the American leadership for Beijing to break off economic cooperation with Tehran, writing The New York Times.
Bessent to discuss Iran sanctions with Chinese counterpart this weekend
WASHINGTON: US Treasury Secretary Scott Bessent said Tuesday that he would meet his Chinese counterpart He Lifeng this weekend for talks including on Iran sanctions, days before both countries’ top leaders are due to convene. Asked about efforts to prevent Tehran’s workarounds of US sanctions amid war with Iran in the Middle East, Bessent told lawmakers that Washington’s warnings have been heard. “We have sanctioned three banks. With China, we h…
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