US Treasury chief says meeting with China on trade, AI ‘very successful’

US Treasury Secretary Scott Bessent described a meeting with Chinese officials on trade and artificial intelligence as "very successful". The meeting, which lasted around eight hours, included discussions with Vice Premier He Lifeng and top US trade official Jamieson Greer.

According to Bessent, both sides discussed greater communication on AI threats and proposed a notification mechanism between the two countries for incidents like security threats. This mechanism is to be called the US-China AI dialogue, with both sides agreeing to meet again.

The meeting took place at JPMorgan Chase's headquarters in New York and also included Chinese official Li Chenggang. The discussions set the stage for possible agreements on trade, AI, and other issues before a summit between US President Donald Trump and his Chinese counterpart Xi Jinping in Washington on Thursday, as per Gulf News.

Brief written by urgent.news from Punch, Gulf News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.