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Trump Reportedly Invites Billionaire Delegation To China For Xi Meeting
The leaders will discuss trade, investment, artificial intelligence, Taiwan and Iran as the White House seeks commercial deals and more Chinese purchases of U.S. goods.
President Donald Trump arrives in Beijing on Wednesday evening for a two-day meeting with Chinese President Jinping to discuss economic and security issues based on the principle of "reciprocity and fairness."
Ahead of the summit, Treasury Secretary Scott Bessent will meet Chinese Vice Premier Lifeng in Seoul on Wednesday to finalize preparations after bilateral negotiations since last year.
The administration seeks to establish a "Board of Trade" and "Board of Investment" to manage economic disputes, while creating a channel for artificial intelligence safety discussions.
Regarding Taiwan, the United States maintained no policy change, though more Taiwan-bound arms sales were approved in Trump's first year than during Joe Biden's entire four-year administration.
Following a welcome ceremony Thursday, the two leaders will tour the Temple of Heaven and attend a state banquet, advancing goals with a "clear-eyed view of the economic and security realities of today.