U.S. investment strategist Scott Bessent met with Chinese Vice Premier He Lifeng on Tuesday to discuss trade, artificial intelligence and critical minerals, according to a report from CNBC. The talks took place ahead of the high‑level summit between President Donald Trump and President Xi Jinping scheduled for September 24.
Bessent and He focused on ways to deepen cooperation in emerging technology sectors, with particular attention to AI development and the secure supply of minerals such as lithium, cobalt and rare earth elements that are essential for advanced manufacturing.
The meeting also addressed broader trade issues, as both sides seek to manage ongoing tensions while exploring opportunities for mutually beneficial economic engagement.
Officials said the dialogue is part of a series of preparatory engagements intended to set a constructive tone for the upcoming Trump‑Xi summit, which is expected to cover a wide range of bilateral topics.
While details of any agreements remain undisclosed, the discussions underscore the importance both governments place on maintaining channels of communication on critical economic and technological matters ahead of the September meeting.
<small>Source: CNBC — read the original story there.</small>