Bessent Meets with Chinese Counterpart Ahead of Trump-Xi Summit
The talks will focus on trade commitments, rare earths and sanctions pressure on Chinese banks linked to Iran, officials said.
- On Sunday, Treasury Secretary Scott Bessent meets his Chinese counterpart, He Lifeng, in New York to discuss trade and economic issues, laying groundwork for President Donald Trump and Xi Jinping's summit scheduled for Sept. 24 and 25 in Washington.
- Washington officials have criticized the Chinese regime for failing to honor trade commitments, particularly pledges to supply rare earth materials needed by American industries; mineral flows have "fallen short of Washington's expectations," a senior official said Sept. 18.
- Financial links with Tehran are expected on the agenda after Treasury Secretary Scott Bessent sanctioned three Chinese banks for dealing with Iran; the U.S.-China trade truce set to expire Nov. 10 is also a priority discussion topic.
- The Chinese Commerce Ministry stated consultations will focus on "economic and trade issues of mutual concern," while Wang called for "high-level engagement in the next stage" and Trade Representative Ambassador Jamieson Greer emphasized pursuing balanced trade.
- Secretary of State Marco Rubio and Wang discussed the Middle East on Sept. 17, signaling broader geopolitical tensions involving Iran continue shaping diplomatic relations as the Trump Administration seeks to isolate the Iranian regime from global markets.
26 Articles
26 Articles
Bessent says US, China had successful meeting with focus on trade, AI
NEW YORK — U.S. and Chinese officials focused on trade issues and AI during successful talks in New York on Sunday, Treasury Secretary Scott Bessent said. Speaking to reporters after his meeting with Chinese Vice Premier He Lifeng ended, Bessent said the two sides agreed to meet again. He gave no further details. U.S. Trade Representative Jamieson Greer said the meeting would lay the groundwork for a successful summit between U.S. President Dona…
In anticipation of 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. "In New York, Vice-Premier Hae Lifeng and I continue to discuss US-Chinese economic and trade relations prior to the historic meeting of US President Donald Trump and President Xi Jinping in Washington," wrote Bessen…
Ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping, representatives from both countries are discussing economic and trade issues. In Washington, US Treasury Secretary Scott Bessant and Chinese Vice Premier He Lifeng held talks, discussing potential agreements on artificial intelligence.
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