Scott Bessent to meet He Lifeng in New York ahead of Trump-Xi summit

by@FT

Summary

Bessent is set to meet with He Lifeng in New York as part of the preparations for the upcoming Trump-Xi summit, which will focus on trade and international issues. This meeting is significant as Bessent and He have maintained regular communication through previous meetings and calls to address economic matters, indicating a collaborative effort to prepare for the summit. Additionally, US and Chinese officials have been engaged in private discussions regarding sanctions related to the ongoing war in Iran, highlighting the broader context of their economic and diplomatic relations.

Analysis

Xi: Xi Jinping serves as President of China, leading the country's engagement on international economic and diplomatic issues. He is scheduled for a state visit and summit with US President Trump. Discussions between senior officials from both sides pave the way for this bilateral event. Trump: Donald Trump is the President of the United States, directing administration policy on trade, sanctions, and foreign relations. He is preparing for a summit with Chinese President Xi Jinping later in September. Preparatory talks involving his Treasury Secretary occur ahead of this high-level meeting. Bessent: Scott Bessent serves as United States Treasury Secretary in the Trump administration, handling economic policy and international financial relations. He engages directly with foreign counterparts on trade and sanctions matters. Bessent announced plans to meet his Chinese counterpart in preparation for the upcoming Trump-Xi summit. He Lifeng: He Lifeng holds the position of Chinese Vice Premier and Politburo member, overseeing economic and financial affairs. He participates in bilateral discussions with US officials on trade, sanctions, and cooperation. His scheduled meeting with Treasury Secretary Bessent serves as a key preparatory step ahead of the Trump-Xi summit. `json { "Ongoing Bilateral Channel": "Bessent and He Lifeng have sustained regular communications through prior meetings and calls to address economic matters.", "Summit Preparation": "The meeting between Bessent and He Lifeng prepares the ground for the planned Trump-Xi summit focused on trade and international issues." } `

Categories

politicsmacro

Related sources

View Original Tweet