Bessent, China's He Lifeng Set for Talks on AI, Trade and Critical Minerals

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are expected to hold talks covering artificial intelligence, trade and critical minerals, according to a Reuters report cited by CNBC.

The report, published on CNBC's website, did not provide further details on the timing, location or specific agenda items for the discussions between the two officials.

Bessent has served as the top economic official in the U.S. Treasury Department, while He Lifeng holds a senior economic policy role within the Chinese government, often engaging in high-level talks with foreign counterparts on trade and economic matters.

The mention of artificial intelligence, trade and critical minerals as discussion topics suggests the talks could touch on areas of ongoing economic and strategic interest between the two countries, though the source did not elaborate on the specific issues to be addressed.

Neither the Treasury Department nor Chinese officials have issued a separate public statement confirming additional details of the planned discussions, based on the information available in the report.

This is a developing story and further details may emerge as the talks proceed.