Skip to main content
See every side of every news story
Published loading...Updated

Bessent Meets with Chinese Counterpart Ahead of Trump-Xi Summit

The talks will focus on trade commitments, rare earths and sanctions pressure on Chinese banks linked to Iran, officials said.

  • On Sunday, Treasury Secretary Scott Bessent meets his Chinese counterpart, He Lifeng, in New York to discuss trade and economic issues, laying groundwork for President Donald Trump and Xi Jinping's summit scheduled for Sept. 24 and 25 in Washington.
  • Washington officials have criticized the Chinese regime for failing to honor trade commitments, particularly pledges to supply rare earth materials needed by American industries; mineral flows have "fallen short of Washington's expectations," a senior official said Sept. 18.
  • Financial links with Tehran are expected on the agenda after Treasury Secretary Scott Bessent sanctioned three Chinese banks for dealing with Iran; the U.S.-China trade truce set to expire Nov. 10 is also a priority discussion topic.
  • The Chinese Commerce Ministry stated consultations will focus on "economic and trade issues of mutual concern," while Wang called for "high-level engagement in the next stage" and Trade Representative Ambassador Jamieson Greer emphasized pursuing balanced trade.
  • Secretary of State Marco Rubio and Wang discussed the Middle East on Sept. 17, signaling broader geopolitical tensions involving Iran continue shaping diplomatic relations as the Trump Administration seeks to isolate the Iranian regime from global markets.
Insights by Ground AI

23 Articles

Lean Right

Ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping, representatives from both countries are discussing economic and trade issues. In Washington, US Treasury Secretary Scott Bessant and Chinese Vice Premier He Lifeng held talks, discussing potential agreements on artificial intelligence.

The United States and China have begun negotiations in the run-up to the Trump and Sea Summit. The parties intend to extend the truce and agree on security measures in the AI area.

·Kyiv, Ukraine
Read Full Article
Lean Left

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng arrived in New York today.

·Zagreb, Croatia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 42% of the sources lean Right
42% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Business Times broke the news in Singapore, Singapore on Sunday, September 20, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal