Preparing the High Stakes Table: Bessent's Meeting with He Lifeng Sets Stage for Trump Xi Summit The upcoming summit between President Trump and Chinese President Xi Jinping is a highly anticipated event that will shape US China relations in the coming years.
Before the two leaders sit down, however, a crucial meeting has taken place behind the scenes: Treasury Secretary Scott Bessent's discussions with Chinese Vice Premier He Lifeng have laid the groundwork for a productive encounter.
These talks, held at JPMorgan Chase's Manhattan headquarters on Sunday, demonstrate the importance of quiet diplomacy in high stakes negotiations.