U.S. Treasury Secretary "Meeting with Chinese side planned this weekend"

JH Kim

Summary

Scott Bessent, U.S. Treasury Secretary, said he will hold talks with senior Chinese officials this weekend.
He warned that if the talks break down, the United States will consider response measures together with its allies.
The main agenda items of the meeting are reported to be technology export controls, exchange rate policy, and supply chain stabilization.

Scott Bessent, U.S. Treasury Secretary, said he is scheduled to hold talks with senior Chinese officials this weekend. However, he warned that if the talks break down, the United States will consider response measures together with its allies.

On the 22nd (local time), according to economic breaking news channel Walter Bloomberg, Treasury Secretary Bessent said in an interview with Fox Business, "I am scheduled to hold talks with Chinese partners this weekend," and "if the talks break down, we will discuss the next steps with the United States and its allies."

This meeting is seen as an extension of recent moves to resume U.S.-China trade and financial consultations, and the main agenda items are reported to be technology export controls, exchange rate policy, and supply chain stabilization.

In Washington diplomatic circles, the meeting is expected to serve as preliminary coordination for future diplomatic schedules between U.S. and Chinese leaders.