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

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

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The Straits Times. (2026, September 21). US Treasury chief says meeting with China on trade, AI ‘very successful’. The Straits Times. https://www.straitstimes.com/world/united-states/us-treasury-chief-says-meeting-with-china-on-trade-ai-very-successful

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Quick Summary

US Treasury Secretary Scott Bessent reported that a meeting on September 20 between US and Chinese officials was "very successful," focusing on trade and artificial intelligence (AI). The eight-hour session, held at JPMorgan Chase’s headquarters in New York, involved Vice-Premier He Lifeng and top US trade official Jamieson Greer. Both sides agreed to establish a notification mechanism for AI-related security threats and committed to further dialogue on easing tensions over trade and technology issues ahead of the leaders' summit scheduled for September 24 in Washington.

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 2026-10-31, grounded in this article and the 29 other(s) covering the same event.

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Claims extracted

sentences that state something as happening or true

Uncertain

12%

2 of 16 hedged ("reportedly", "may", "according to")

Leaning

not political

takes no side on a contested political question

Publisher signals

66/100

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The Straits Times · 4076 article(s) · 5 correction(s) detected

Running correction rate · 5 correction(s)

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Topics

AFP China Chinese NEW YORK US Treasury

Subjects

Chinese NORP · 4× Bessent PERSON · 3× China GPE · 3× AFP ORG · 2× NEW YORK GPE · 2× US Treasury ORG · 2× Donald Trump PERSON · 1× He Lifeng PERSON · 1× Jamieson Greer PERSON · 1× Scott Bessent PERSON · 1×

Narrative

Bessent and He also spoke one-on-one during the gathering that took place at JPMorgan Chase’s headquarters in New York. Chinese official Li Chenggang, who was elevated to a top-level international trade representative post shortly before the meetings, was present too.

framing: assertive · carried by 1 article(s) · first seen 2026-09-21

🔮 Working-level meetings could continue into Sept 21, a source familiar with discussions earlier told AFP.

2026-09-21 · The Straits Times

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

Claims (16 extracted, 2 hedged)

US Treasury chief says meeting with China on trade, AI ‘very successful’ NEW YORK – asserted

meeting → say → trade

US Treasury Secretary Scott Bessent touted a “very successful” meeting on trade and artificial intelligence with Chinese officials on Sept 20, adding that both sides discussed greater communication on AI threats. asserted

sides → tout → threats

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

Bessent → have → 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. asserted

which → include → leaders

US President Donald Trump and his Chinese counterpart Xi Jinping are due to meet on Sept 24 in Washington. asserted

Trump → meet → Washington

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

States → say → threats

“What we discussed was setting up a mechanism. asserted

discussed → discuss → mechanism

So it’s going to be called the US-China AI dialogue,” he said. asserted

he → go → ?

“We’ve agreed to meet again.” asserted

We → agree → ?

who → speak → meetings

Greer added that it is “imperative that we are able to work together”. asserted

we → add → ?

Both sides are looking to ease tensions on trade, technology and other strategic concerns. asserted

sides → look → trade

These include the possible extension of a trade truce and guardrails for artificial intelligence development. asserted

These → include → development

US officials are also looking to ensure the continued flow of rare earth magnets and critical minerals that are vital for US manufacturers. asserted

that → look → manufacturers

Working-level meetings could continue into Sept 21, a source familiar with discussions earlier told AFP. uncertain

source → work → AFP

Previous negotiations saw China pledge purchases of US agriculture goods, and their fulfilment of the terms could also be an issue under scrutiny. uncertain

fulfilment → see → scrutiny