Bessent and China's He to Hold Trade Talks at JPMorgan HQ
Top US and Chinese economic officials are set to meet Sunday at JPMorgan headquarters in a significant diplomatic engagement.
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet Sunday at JPMorgan Chase headquarters, according to reports, marking a notable face-to-face engagement between the world's two largest economies at a time of elevated trade tensions.
The choice of JPMorgan's offices as a venue underscores the private-sector backdrop for what is expected to be a high-stakes diplomatic exchange. Talks between senior US and Chinese financial officials have taken on increased urgency as both governments navigate tariffs, export controls, and broader economic competition.
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Bessent, who leads the US Treasury Department, has been a central figure in the Trump administration's economic policy and its approach to managing the relationship with Beijing. He Lifeng serves as China's top economic official and is a close ally of President Xi Jinping, making the pairing among the most consequential bilateral economic meetings in recent months.
Analysts have noted that direct dialogue at this level signals both sides retain channels for negotiation despite persistent friction over trade imbalances and technology restrictions. The outcome of Sunday's meeting could set the tone for broader economic negotiations in the months ahead.
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