The surprising location in New York: Why was the meeting between the US Treasury Secretary and the Chinese official moved?
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet at JPMorgan Chase headquarters in Manhattan to discuss AI security and trade issues, as a direct preparation for the Trump-Xi summit at the White House later this week. The location was chosen due to strict security arrangements ahead of the UN General Assembly.
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are meeting today (Sunday) in Manhattan, at the headquarters of JPMorgan Chase bank. The meeting focuses on AI security and trade issues, and is intended to lay the groundwork for agreements and highlight economic gaps ahead of the leaders' summit in Washington. The choice of location does not indicate the bank's involvement in the talks, but stems from strict security arrangements in New York ahead of the UN General Assembly. Meanwhile, JPMorgan Chase CEO Jamie Dimon has been invited to the state dinner in honor of Xi at the White House, after being absent from the business delegation that accompanied Trump to Beijing in May.