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US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng discussed establishing an "AI dialogue" channel during meetings Sunday in New York, ahead of the planned White House summit between US President Donald Trump and Chinese President Xi Jinping this week. The proposed communication mechanism aims to address shared concerns regarding artificial intelligence, including potential incidents that could escalate to a national security level. Both sides agreed to proceed with operationalizing the new "Board of Trade" discussed in May and to meet again for further talks on AI issues.
Written locally by qwen2.5:14b on 2026-09-21,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Scott Bessent, U.S. Treasury Secretary, met with He Lifeng, Chinese Vice Premier, on September 20, 2026, in New York City ahead of a planned summit between President Donald Trump and Chinese leader Xi Jinping scheduled for September 24 in Washington. The talks focused on trade issues, tariffs, rare earth minerals, and artificial intelligence (AI), setting the stage for discussions at the leaders' meeting. U.S. Trade Representative Jamieson Greer also participated in the all-day session held at JPMorgan Chase's headquarters. Treasury Secretary Bessent called the engagement "very successful," emphasizing a proposed mechanism to enhance communication on AI security threats between the two nations. The summit aims to ease tensions and address economic and strategic concerns, though analysts predict limited breakthroughs due to ongoing great power competition. Markets responded positively to news of the productive talks, with Asian stocks advancing on Monday.
Written for “US-China Trade Talks Ahead Summit” on 2026-10-05,
grounded in this article and the 29 other(s) covering the same event.
US and Chinese economic officials discussed creating a communication channel for AI concerns at meetings Sunday as they set the stage for a summit of the countries' top leaders this week.
asserted
they → discuss → leaders
US Treasury Secretary Scott Bessent announced that in talks with Chinese officials on Sunday, the two sides discussed setting up a way to communicate about AI issues called the "US-China AI dialogue."
asserted
sides → announce → issues
“We want a shared vision of common goals and common threats,” Bessent told reporters after talks with Chinese Vice Premier He Lifeng in New York.
asserted
Bessent → want → York
“We think that just like any cross-border activity, that moving from opaque to more transparency between the No. 1 and the No. 2 AI powers in the world is very important.”
asserted
moving → think → world
"The US has proposed that we have a notification mechanism between the two countries," Bessent said.
asserted
Bessent → propose → countries
Such notifications are for potential "incidents," or a situation "that rises up to a national security level from AI," he said, adding that both sides have agreed to meet again.
asserted
sides → rise → AI
They said the two sides had agreed to operationalise a new “Board of Trade” that the two leaders had discussed when they met in Beijing in May.
uncertain
they → say → May
It comes as both powers confront rising fears that increasingly capable artificial intelligence systems could wipe out humanity, offering a rare incentive for cooperation despite an intensifying race for technological supremacy.
uncertain
systems → come → supremacy
Trump has resisted calls to slow down AI development, saying that would help China catch up to US companies.
asserted
China → resist → companies
Chinese state media described the meetings as "candid, in-depth, and constructive" on Monday.
"
asserted
media → describe → Monday
The two sides engaged in... discussions on key economic and trade issues of mutual interest, such as implementing the consensus from previous consultations and promoting bilateral trade and investment," Xinhua news agency said in a brief readout.
asserted
agency → engage → readout
Chinese and US officials also held a dialogue on "issues related to AI", Xinhua added, without giving any further details.
asserted
Xinhua → hold → details
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