US Treasury’s Bessent to discuss AI, rare earths with China’s vice-premier
Scott Bessent will meet with He Lifeng in New York ahead of the summit between US president Donald Trump and Chinese president Xi Jinping.
US Treasury Secretary Scott Bessent is set to meet with Chinese Vice-Premier He Lifeng in New York City this weekend to discuss a range of economic and trade issues, including artificial intelligence (AI) and rare earths. The discussions come as both nations are key players in the development of advanced AI tools and the global adoption of the technology.
Rare earths are crucial components in the manufacturing of technology. The meeting is expected to take place on Sunday ahead of a summit between US President Donald Trump and Chinese President Xi Jinping on September 24 in Washington. Bessent and He will also discuss potential areas for agreement between the two nations, such as the extension of a tariff truce and improved flows of critical minerals and Chinese-produced rare-earth magnets.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- US Treasury’s Bessent to discuss AI, rare earths with China’s vice-premier freemalaysiatoday.com
- US Treasury's Bessent to discuss AI, rare earths with China's He, source says koreatimes.co.kr