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

NEW YORK: US Treasury Secretary Scott Bessent touted a "very successful" meeting on trade and artificial intelligence with Chinese officials Sunday, adding that both sides discussed greater communication on artificial intelligence (AI) threats.

"We just had a very successful engagement with the Chinese on trade and AI," Bessent told reporters after the all-day meeting with Chinese Vice Premier He Lifeng ahead of a high-stakes summit Thursday in Washington between US President Donald Trump and his Chinese counterpart Xi Jinping.

Regarding artificial intelligence, Bessent said the US has proposed "a notification mechanism between the two countries, and we want a shared vision of common goals and common threats."