Bessent hails ‘very successful’ China talks on AI, trade

Treasury Secretary Scott Bessent lauded “very successful” talks with his Chinese counterparts that spanned artificial intelligence, trade and investment ahead of this week’s summit between leaders Donald Trump and Xi Jinping. Bessent, speaking to reporters after hours of talks in New York with China’s Vice Premier He Lifeng and other officials, said the two sides agreed to set up a dialogue on AI aimed at reaching a common understanding on goals and threats. They plan to meet again, with top Chinese trade negotiator Li Chenggang saying the talks were held in a good atmosphere and a working group would continue discussions on Monday.