US-China prep Xi visit; trade truce, tech dispute on agenda
Chinese Vice Premier He Lifeng will meet US Treasury Secretary Scott Bessent in New York on Sunday to prepare for President Xi Jinping's upcoming visit to Washington. The meeting signals continued diplomatic engagement between the two largest economies, with the commercial truce and technology dispute as key agenda items. The outcome remains uncertain, but the visit itself indicates a de-escalation in bilateral tensions.
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US-China Economic Diplomacy: Xi Visit Prep, Trade Truce, Tech Disputes
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are confirmed to meet in New York to prepare for an upcoming visit by President Xi Jinping to Washington. The primary agenda items include reinforcing a commercial truce and addressing technology disputes, specifically concerning AI and rare earths. The outcome of these discussions and the broader impact on bilateral tensions remain uncertain.