US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met on Sunday, as they prepare for the Trump-Xi summit in New York, for possible agreements on trade, Artificial Intelligence and other issues. They met at JPMorgan Chase's Manhattan headquarters on September 20, 2026, to iron out details of key agenda items. The talks are expected to last all day and will also include &nbsp;US Trade Representative Jamieson Greer.The two leaders are expected to meet in White House on Thursday to ease tensions on trade, technology and other strategic concerns. The discussion will focus on the possibility of extending the possible trade truce, which is set to expire in November, and the possibility of guardrails for AI development, as Silicon Valley CEOs recently expressed concerns over the safety of the technology.Also Read: <a href="https://www.wionews.com/world/ben-gvir-al-aqsa-570-settlers-yom-kippur-1789923658331">Ben-Gvir enters Al-Aqsa with 570 settlers ahead of Yom Kippur, draws condemnation from Jordan and Palestinian Authority</a>“I’m looking forward to having focused, fulsome and constructive talks today that will set the stage for our leaders’ meeting,” Bessent told reporters as he arrived for Sunday’s talks.Though analysts project low expectations of any development, the talks will also likely feature the ongoing US campaign against Iran, Operation “Economic Outcast”. China is the largest buyer of Iranian energy; without Chinese cooperation, Washington is unlikely to achieve any of its objectives or gain concessions in future negotiations with Iran.&nbsp;Numerous discussions which are left from the two leaders' meeting in Beijing are also likely to be discussed. This includes continued flow of rare earth magnets and critical minerals that are vital for US manufacturers, lower tariffs on non-strategic goods, Chinese commitments to raise purchases of US agricultural goods by $17 billion annually, and an undertaking to buy more than 200 Boeing aircraft.&nbsp;&nbsp;

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in New York ahead of the Trump-Xi summit, with trade and AI on the agenda.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met on Sunday, as they prepare for the Trump-Xi summit in New York, for possible agreements on trade, Artificial Intelligence and other issues. They met at JPMorgan Chase's Manhattan headquarters on September 20, 2026, to iron out details of key agenda items. The talks are expected to last all day and will also include US Trade Representative Jamieson Greer. The two leaders are expected to meet in White House on Thursday to ease tensions on trade, technology and other strategic concerns. The discussion will focus on the possibility of extending the possible trade truce, which is set to expire in November, and the possibility of guardrails for AI development, as Silicon Valley CEOs recently expressed concerns over the safety of the technology. Also Read: Ben-Gvir enters Al-Aqsa with 570 settlers ahead of Yom Kippur, draws condemnation from Jordan and Palestinian Authority “I’m looking forward to having focused, fulsome and constructive talks today that will set the stage for our leaders’ meeting,” Bessent told reporters as he arrived for Sunday’s talks. Though analysts project low expectations of any development, the talks will also likely feature the ongoing US campaign against Iran, Operation “Economic Outcast”. China is the largest buyer of Iranian energy; without Chinese cooperation, Washington is unlikely to achieve any of its objectives or gain concessions in future negotiations with Iran. Numerous discussions which are left from the two leaders' meeting in Beijing are also likely to be discussed. This includes continued flow of rare earth magnets and critical minerals that are vital for US manufacturers, lower tariffs on non-strategic goods, Chinese commitments to raise purchases of US agricultural goods by $17 billion annually, and an undertaking to buy more than 200 Boeing aircraft.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in New York ahead of the Trump-Xi summit, with trade and AI on the agenda.

Bessent meets China’s He Lifeng to prepare for Trump-Xi summit

China’s Vice Premier He Lifeng warned on Tuesday (January 20) that the global order must not slide back into a “law of the jungle,” where powerful countries dominate weaker ones. Speaking at the World Economic Forum in Davos, He criticised the idea that a small number of countries should act on narrow self-interest or claim special privileges. His statement came amid heightened tensions as US President Donald Trump intensifies his “America First” stance, including renewed pressure on NATO ally Denmark to hand over Greenland. He stressed that every nation has the right to safeguard its legitimate interests.&nbsp;Also Read: <a href="https://www.wionews.com/world/stramer-gives-green-signal-for-largest-chinese-embassy-in-london-despite-security-risk-details-here-1768908952180">Starmer gives green signal for largest Chinese embassy in London despite security risk. Details here</a>&nbsp;In an oblique criticism of US President Donald Trump’s unpredictable trade stance, he condemned the “unilateral” measures and trade deals pursued by “certain countries,” arguing that they breach World Trade Organization rules.Beijing and Washington were embroiled in an intense trade dispute last year, with both sides imposing retaliatory tariffs on each other’s goods. He warned that the multilateral trading system is under unprecedented strain, saying it faces serious and growing challenges. He added that countries must stand firm in defending multilateralism and work toward a fairer and more balanced global economic and trading order.<h2>EU warns of firm response to Trump’s Greenland push</h2>European Commission President Ursula von der Leyen pledged a firm response on Tuesday to Donald Trump’s threats concerning Greenland, as the US president indicated he was open to discussions on the Arctic territory at the Davos forum. Speaking at the World Economic Forum in the Swiss resort, von der Leyen cautioned that Trump’s stance could push relations between the United States and the European Union into a damaging decline over the self-governing Danish island.&nbsp;She told global political and business leaders that proposed new tariffs were misguided, particularly between partners with a long history of cooperation. Von der Leyen warned that escalating tensions would only benefit shared rivals, adding that the EU’s reaction would be resolute, unified, and proportionate.

At Davos, China’s He Lifeng warns against ‘law of the jungle’ amid US Greenland push

China’s Vice Premier He Lifeng warned on Tuesday (January 20) that the global order must not slide back into a “law of the jungle,” where powerful countries dominate weaker ones. Speaking at the World Economic Forum in Davos, He criticised the idea that a small number of countries should act on narrow self-interest or claim special privileges. His statement came amid heightened tensions as US President Donald Trump intensifies his “America First” stance, including renewed pressure on NATO ally Denmark to hand over Greenland. He stressed that every nation has the right to safeguard its legitimate interests. Also Read: Starmer gives green signal for largest Chinese embassy in London despite security risk. Details here In an oblique criticism of US President Donald Trump’s unpredictable trade stance, he condemned the “unilateral” measures and trade deals pursued by “certain countries,” arguing that they breach World Trade Organization rules. Beijing and Washington were embroiled in an intense trade dispute last year, with both sides imposing retaliatory tariffs on each other’s goods. He warned that the multilateral trading system is under unprecedented strain, saying it faces serious and growing challenges. He added that countries must stand firm in defending multilateralism and work toward a fairer and more balanced global economic and trading order. EU warns of firm response to Trump’s Greenland push European Commission President Ursula von der Leyen pledged a firm response on Tuesday to Donald Trump’s threats concerning Greenland, as the US president indicated he was open to discussions on the Arctic territory at the Davos forum. Speaking at the World Economic Forum in the Swiss resort, von der Leyen cautioned that Trump’s stance could push relations between the United States and the European Union into a damaging decline over the self-governing Danish island. She told global political and business leaders that proposed new tariffs were misguided, particularly between partners with a long history of cooperation. Von der Leyen warned that escalating tensions would only benefit shared rivals, adding that the EU’s reaction would be resolute, unified, and proportionate.

At Davos, China’s He Lifeng warns against a return to ‘law of the jungle’ politics as United States pressure mounts on Denmark over Greenland

US Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world's two largest economies ahead of a US-hosted summit of Pacific Rim leaders.

US Treasury Chief Janet Yellen, Chinese Vice Premier He Lifeng to meet in the US

Pakistan laid out the red carpet for visiting Chinese Vice Premier He Lifeng who is on a three-day trip to India's neighbour to commemorate 10 years of China Pakistan Economic Corridor (CPEC), a project that New Delhi has often flagged as parts of it passes through India's Jammu and Kashmir under illegal Chinese and Pakistani occupation respectively.

The celebration will take place for the CPEC project despite the looming economic crisis that has gripped Pakistan due to increasing Chinese loans in the country.

During his Pakistan visit, Lifeng is scheduled to hold meetings with Prime Minister Shehbaz Sharif and President Arif Alvi.

Also read |&nbsp;<a href="https://www.wionews.com/south-asia/economic-partnership-between-pakistan-and-china-stalled-report-585968">Economic partnership between Pakistan and China stalled: Report</a>

The China Pakistan Economic Corridor is a flagship project of China’s faltering Belt and Road Initiative (BRI).

BRI is an ambitious international infrastructure investment programme launched by Beijing which aims to link Asia with Africa and Europe as a matter of revival of the ancient Silk Road. The project is facing roadblocks due to concerns related to China's territorial assertiveness and 'debt-trap' funding apparatus.

The effort, however, is pumped with billions of dollars in funding for infrastructure projects, including the construction of ports from Sri Lanka to West Africa, the paving of motorways from Papua New Guinea to Kenya, and the provision of power and telecoms infrastructure for people in Latin America and Southeast Asia.

Also watch |&nbsp;Pakistan: Protests against CPEC continue in Gwadar, demand for Chinese to leave

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In 2019, Italy became the only major Western country and the only country from the G7 group of advanced economies to join the BRI. But over the weekend, Italy's defence minister said that joining China’s vast Belt and Road Initiative (BRI) was an "atrocious" decision and the 21st century's Roman challenge is to leave the BRI without damaging ties with Beijing.

<h2>China-Pakistan ties and Lifeng's role</h2>

Reports in Pakistani media said that Lifeng has played a "prominent role" in China’s international economic relations and implementation of the Belt and Road Initiative.

He was "instrumental in the planning and execution of multiple CPEC projects in Pakistan" while serving as chairman of China’s National Development and Reform Commission from 2017 to 2023, the Foreign Office had stated.

Pakistanis had hoped that the CPEC would turn the economic fortunes of the country. The country's deepening economic troubles have been partially blamed on CPEC's economic non-feasibility.&nbsp;

The investment has only had debilitating impact on Pakistani economy amid Islamabad's fostering of terrorism.

"Security stands out as the core problem that hinders the realisation of Chinese goals," Azeem Khalid, assistant professor of international relations at COMSATS University Islamabad told AFP. He added, "This factor is the primary reason why CPEC has not reached its full functional potential yet."

Over the past many years, the CPEC projects have been attacked by militants, engineers have been abducted and protests have erupted from regionalists seeking independence from Islamabad.

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Pakistan laid out the red carpet for visiting Chinese Vice Premier He Lifeng who is on a three-day trip to India's neighbour to commemorate 10 years of China Pakistan Economic Corridor (CPEC), a project that New Delhi has often flagged as parts of it passes through India's Jammu and Kashmir under illegal Chinese and Pakistani occupation respectively.

Pakistan laid out the red carpet for visiting Chinese Vice Premier He Lifeng who is on a three-day trip to India's neighbour to commemorate 10 years of China Pakistan Economic Corridor (CPEC), a project that New Delhi has often flagged as parts of it passes through India's Jammu and Kashmir under illegal Chinese and Pakistani occupation respectively. The celebration will take place for the CPEC project despite the looming economic crisis that has gripped Pakistan due to increasing Chinese loans in the country. During his Pakistan visit, Lifeng is scheduled to hold meetings with Prime Minister Shehbaz Sharif and President Arif Alvi. Also read | Economic partnership between Pakistan and China stalled: Report The China Pakistan Economic Corridor is a flagship project of China’s faltering Belt and Road Initiative (BRI). BRI is an ambitious international infrastructure investment programme launched by Beijing which aims to link Asia with Africa and Europe as a matter of revival of the ancient Silk Road. The project is facing roadblocks due to concerns related to China's territorial assertiveness and 'debt-trap' funding apparatus. The effort, however, is pumped with billions of dollars in funding for infrastructure projects, including the construction of ports from Sri Lanka to West Africa, the paving of motorways from Papua New Guinea to Kenya, and the provision of power and telecoms infrastructure for people in Latin America and Southeast Asia. Also watch | Pakistan: Protests against CPEC continue in Gwadar, demand for Chinese to leave × In 2019, Italy became the only major Western country and the only country from the G7 group of advanced economies to join the BRI. But over the weekend, Italy's defence minister said that joining China’s vast Belt and Road Initiative (BRI) was an "atrocious" decision and the 21st century's Roman challenge is to leave the BRI without damaging ties with Beijing. China-Pakistan ties and Lifeng's role Reports in Pakistani media said that Lifeng has played a "prominent role" in China’s international economic relations and implementation of the Belt and Road Initiative. He was "instrumental in the planning and execution of multiple CPEC projects in Pakistan" while serving as chairman of China’s National Development and Reform Commission from 2017 to 2023, the Foreign Office had stated. Pakistanis had hoped that the CPEC would turn the economic fortunes of the country. The country's deepening economic troubles have been partially blamed on CPEC's economic non-feasibility. The investment has only had debilitating impact on Pakistani economy amid Islamabad's fostering of terrorism. "Security stands out as the core problem that hinders the realisation of Chinese goals," Azeem Khalid, assistant professor of international relations at COMSATS University Islamabad told AFP. He added, "This factor is the primary reason why CPEC has not reached its full functional potential yet." Over the past many years, the CPEC projects have been attacked by militants, engineers have been abducted and protests have erupted from regionalists seeking independence from Islamabad. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Chinese vice premier gets red carpet welcome in Pakistan to 'celebrate' troubled BRI project

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Bessent meets China’s He Lifeng to prepare for Trump-Xi summit

At Davos, China’s He Lifeng warns against ‘law of jungle’ as US eyes Greenland

US Treasury Chief Janet Yellen, Chinese Vice Premier He Lifeng to meet in the US

Chinese vice premier gets red carpet welcome in Pakistan to 'celebrate' troubled BRI project