US Treasury Secretary to discuss AI, rare earths with Chinese Vice Premier this weekend

Summary

Treasury Secretary Scott Bessent is set to meet with Chinese Vice Premier He Lifeng this weekend to discuss topics including AI safety cooperation and rare earths, ahead of a summit between President Trump and President Xi. These discussions are part of ongoing diplomatic efforts between the United States and China to address trade issues and enhance collaboration in critical technology sectors.

Analysis

He Lifeng: He Lifeng is a Vice Premier of China and a member of the Political Bureau of the Communist Party of China Central Committee. He focuses on economic and industrial policy matters. He Lifeng is set to engage in high-level talks with US Treasury Secretary Scott Bessent this weekend on topics including AI and rare earths. Scott Bessent: Scott Bessent serves as the US Secretary of the Treasury in the Trump administration. He has extensive experience in global macro investing and previously led Key Square Group. Bessent is scheduled to meet with Chinese officials this weekend to discuss AI, rare earths, and broader economic issues ahead of a Trump-Xi summit. US-China Diplomacy: Treasury Secretary Scott Bessent confirmed plans to meet Chinese Vice Premier He Lifeng this weekend for preparatory discussions ahead of a Trump-Xi summit. Technology and Resources: The upcoming talks will cover AI safety cooperation alongside rare earths and trade issues between the two nations.

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