US Treasury's Bessent to discuss AI, rare earths with China's He, source says
Bessent and He are expected to discuss AI guardrails, trade and rare earth supplies as both sides seek to stabilize ties before the summit.
- On Sept 20, Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng in New York to discuss trade and artificial intelligence ahead of President Donald Trump's summit with Chinese President Jinping in Washington on Sept 24.
- Both sides discussed establishing a "US-China AI dialogue" to manage security threats, while addressing the trade truce expiration scheduled for Nov 10, which includes Chinese commitments on rare-earth exports and American agricultural purchases.
- Trade Representative Jamieson Greer joined the eight-hour negotiations, stating it is "imperative that we are able to work together" to ease tensions on technology and strategic concerns alongside Chinese official Li Chenggang.
- JPMorgan CEO Jamie Dimon, Citigroup chief Jane Fraser, OpenAI CEO Sam Altman, and Nvidia chief Jensen Huang are expected to attend a state dinner during the Chinese President's Washington visit this week.
- Competition between the United States and China over technological leadership intensifies as the Trump administration favors voluntary, national-security-focused safeguards for AI developers over the broad mandatory regulations urged by industry leaders.
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105 Articles
Treasury Secretary Scott Bessent met in New York with Chinese Deputy Prime Minister He Lifeng days before the meeting between Donald Trump and Xi Jinping in the White House.
On 21 September 2026, prior to the visit to Washington by President Xi Jinping, US Treasury Secretary Scott Bessent discussed the trade and economic relations of the two countries with the Vice-Premier of the State Council of China, Hae Lifeng.
Bessent hails ‘very successful’ China talks on AI, trade
U.S. Treasury Secretary Scott Bessent lauded “very successful” talks with his Chinese counterparts that spanned artificial intelligence, trade and investment ahead of this week’s summit between leaders Donald Trump and Xi Jinping.
Reformatorisch Dagblad
US Treasury Secretary Scott Bessent will speak with Chinese Vice Premier He Lifeng in New York on Sunday about AI security, trade, key commodities, and other economic topics. The talks will take place at the headquarters of the major American bank JPMorgan Chase in Manhattan.
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