Bessent, China's He Lifeng Meet Sunday at JPMorgan HQ — SkimNews
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- Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng on Sunday at JPMorgan Chase headquarters in New York, with AI security and trade on the agenda, according to a person familiar with the planning
- The meeting, scheduled for 10:30 am ET on September 19, falls days before Trump hosts Chinese President Xi Jinping at the White House on Thursday and Friday
- JPMorgan is not a participant in the talks but agreed to provide its headquarters building as a venue due to heightened security across Manhattan ahead of the UN General Assembly starting next week
- JPMorgan CEO Jamie Dimon is among the American CEOs invited to a state dinner for Xi at the White House, though he did not join the delegation of executives that accompanied Trump to Beijing in May for his last meeting with Xi
- Bessent had previously invited Dimon to participate in a G20 finance leaders meeting hosted by the US Treasury in Asheville, North Carolina, where Dimon spoke about private sector growth prospects
Why it matters: With AI security now explicitly on the table alongside trade, the Bessent-He meeting gives both sides a chance to align technical groundwork before Trump and Xi sit down formally at the White House later that week. The choice of a private bank building over a government venue is a direct consequence of UN General Assembly security protocols gripping Manhattan that same week.
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