US, Chinese officials meet before summit
US Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York on Sunday ahead of the upcoming summit between US President Donald Trump and Chinese leader Xi Jinping. Bessent expressed optimism about the forthcoming talks, stating they would be "focused, fulsome, and constructive," setting the stage for the high-stakes meeting on Thursday.
The summit is expected to address tariffs, rare earth minerals, and artificial intelligence, with American tech leaders including OpenAI’s Sam Altman anticipated to attend Xi’s White House dinner. Analysts anticipate the meetings may yield limited deals, as both sides show limited ambition for groundbreaking arrangements amidst great power competition and interdependence.
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