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

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

US Treasury Secretary Scott Bessent touted a “very successful” meeting on trade and artificial intelligence with Chinese officials Sunday, adding that both sides discussed greater communication on AI threats.

“We just had a very successful engagement with the Chinese,” Bessent told reporters after the all-day meeting with Vice Premier He Lifeng.

The discussions, which also included top US trade official Jamieson Greer, lasted around eight hours and set the stage for possible agreements on trade, AI and other issues before a summit of the countries’ top leaders.

US President Donald Trump and his Chinese counterpart Xi Jinping are due to meet Thursday in Washington.

Bessent said the US proposed a notification mechanism between the two countries for incidents like security threats.

“What we discussed was setting up a mechanism. So it’s going to be called the US-China AI dialogue,” he said. “We’ve agreed to meet again.”

Bessent and Lifeng also

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