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US Treasury’s Bessent and China’s He Lifeng meet ahead of Trump-Xi summit

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The Straits Times. (2026, September 20). US Treasury’s Bessent and China’s He Lifeng meet ahead of Trump-Xi summit. The Straits Times. https://www.straitstimes.com/world/united-states/us-treasurys-bessent-and-chinas-he-lifeng-meet-ahead-of-trump-xi-summit

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The Straits Times · collected 2026-09-20 · by The Straits Times

Quick Summary

Scott Bessent from the US Treasury and He Lifeng from China held talks on September 20 at JPMorgan Chase’s headquarters in New York, ahead of a planned October 24 meeting between Presidents Trump and Xi Jinping. The discussions focused on easing trade tensions, artificial intelligence development, and securing critical mineral supplies, with potential for more working-level meetings the following day. Both sides aim to extend their current trade truce set to expire in November.
Written by AI on 2026-09-21, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

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 2026-11-02, grounded in this article and the 29 other(s) covering the same event.

Story

📰 US-China Trade Talks Ahead Summit
Politics · 30 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 11% of its claims. Each row says how that neighbour differs.
Semafor
Hedges 0 of 4 claims Outlet record 59/100
The Straits Times
Hedges 6 of 36 claims Outlet record 66/100
The Straits Times
Hedges 2 of 16 claims Outlet record 66/100
New York Post
⚖️ Leans right Hedges 4 of 15 claims Outlet record 66/100
Toronto Star
Hedges 2 of 27 claims Outlet record 64/100
CBS News
Hedges 1 of 12 claims Outlet record 66/100
The Hindu
Hedges 0 of 5 claims Outlet record 60/100
“The articles describe different meetings involving distinct sets of officials from China and the U.S. at separate times.”
The Hindu
Hedges 1 of 9 claims Outlet record 60/100
The Straits Times
Hedges 3 of 21 claims Outlet record 66/100
Times of India
Hedges 5 of 43 claims Outlet record 59/100
“Article A describes President Trump's comments about his upcoming meeting with Xi Jinping, while Article B discusses a preliminary meeting between US and Chinese officials ahead of the leaders' summit.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
18
sentences that state something as happening or true
Uncertain
11%
2 of 18 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Straits Times's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
30
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-21 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Straits Times · 4184 article(s) · 5 correction(s) detected
Running correction rate · 5 correction(s)

Who wrote this

The Straits Times
2721 article(s) here · 1 carrying a prediction
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Also by The Straits Times
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 2721 articles by The Straits Times →

Topics

AFP China Chinese Iran NEW YORK

Subjects

Trump PERSON · 5× China GPE · 4× Bessent PERSON · 3× AFP ORG · 2× Chinese NORP · 2× He Lifeng PERSON · 2× Iran GPE · 2× NEW YORK GPE · 2× Xi Jinping PERSON · 2× US Treasury’s ORG · 1×

Narrative

US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng began talks on Sept 20, as they set the stage for possible agreements on trade, AI and other issues before a summit of the countries’ top leaders.
framing: assertive · carried by 1 article(s) · first seen 2026-09-21
🔮 The talks, which also include President Donald Trump’s top trade official Jamieson Greer, are expected to last all day at JPMorgan Chase’s headquarters in New York.
2026-09-21 · The Straits Times
US Treasury’s Bessent and China’s He Lifeng meet ahead of Trump-Xi summit · assertive framing

Claims (18 extracted, 2 hedged)

US Treasury’s Bessent and China’s He Lifeng meet ahead of Trump-Xi summit NEW YORK - asserted
Bessent → meet → summit
US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng began talks on Sept 20, as they set the stage for possible agreements on trade, AI and other issues before a summit of the countries’ top leaders. asserted
they → begin → leaders
The talks, which also include President Donald Trump’s top trade official Jamieson Greer, are expected to last all day at JPMorgan Chase’s headquarters in New York. asserted
which → include → York
Both sides will be looking to ease tensions on trade, technology and other strategic concerns. asserted
sides → look → trade
These include the possible extension of a trade truce expiring in November and guardrails for artificial intelligence development. asserted
These → include → development
“I’m looking forward to have focused, fulsome and constructive talks today that will set the stage for our leaders’ meeting,” Bessent told reporters as he arrived for the talks of Sept 20. asserted
he → look → Sept
US officials will also be looking to ensure the continued flow of rare earth magnets and critical minerals that are vital for US manufacturers. asserted
that → look → manufacturers
A source familiar with the discussions told AFP that the talks will focus on AI, trade, rare earths and other topics, building on earlier rounds of bilateral talks. asserted
talks → tell → talks
Working level meetings could continue into Sept 21, added the source. uncertain
source → work → Sept
Earlier negotiations saw China pledge purchases of US agriculture goods too, and their fulfilment of the terms could also be an issue under scrutiny. uncertain
fulfilment → see → scrutiny
On AI talks, Bessent said in an earlier statement: “We are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems.” asserted
We → say → systems
Another issue is US economic pressure on Iran, as Washington’s war with Tehran has entered its seventh month. asserted
war → enter → month
China is a top economic partner of Iran that buys much of its oil output and a key diplomatic backer. asserted
that → buy → output
Analysts caution that expectations for the Trump-Xi summit are low. asserted
expectations → caution → summit
“One of the only things we can hope for in the short term is a truce, and that this will likely continue through the remainder of this year,” said former US deputy secretary of state Kurt Campbell. asserted
Campbell → hope → state
“I think you will hear the president announce the intention to meet with Xi Jinping two more times,” added Campbell, who is now chairman of The Asia Group consultancy. asserted
who → think → consultancy
Trump and Xi are expected to meet in November at the Asia-Pacific Economic Cooperation (APEC) forum in Shenzhen, China. asserted
Trump → expect → Shenzhen
Trump is also anticipated to invite Xi to the G-20 summit in December at his Doral resort in Miami. asserted
Trump → anticipate → Miami
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