{"id":16044,"date":"2026-05-13T15:30:19","date_gmt":"2026-05-13T07:30:19","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=16044"},"modified":"2026-05-13T15:30:25","modified_gmt":"2026-05-13T07:30:25","slug":"us-treasurys-bessent-chinas-he-hold-talks-in-south-korea-ahead-of-trump-xi-summit","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=16044","title":{"rendered":"US Treasury’s Bessent, China’s He hold talks in South Korea ahead of Trump-Xi summit"},"content":{"rendered":"\n

U.S. Treasury \u200cSecretary Scott Bessent and Chinese Vice Premier He Lifeng started talks in South Korea on Wednesday to lay the groundwork ahead of this week’s summit of the leaders of the world\u2019s two biggest economies in Beijing.
Bessent and He began the talks \u200bat Incheon airport after each met South Korean President Lee Jae Myung at the presidential Blue \u200bHouse, Reuters witnesses said.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The discussions are expected to cover a range of issues to \u2060prepare for talks in Beijing between U.S. President Donald Trump and Chinese President Xi Jinping that are \u200bset to run from Thursday to Friday.<\/p>\n\n\n\n

The talks between Bessent and He were likely to be exploratory with \u200blimited immediate outcomes, said Kim Tae-hwang, a professor of international trade at Myongji University in Seoul.
“Both sides are essentially in a holding pattern ahead of the summit, sounding each other out, rather than seeking breakthroughs,” he said.
China’s lead trade negotiator, Vice \u200bCommerce Minister Li Chenggang, and Vice Finance Minister Liao Min were among the officials accompanying He.
At the \u200bBeijing summit, the leaders are expected to agree to set up forums to ease mutual trade and investment, while China \u200cis expected \u2060to announce purchases related to Boeing airplanes, American agriculture and energy, U.S. officials have said.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Beijing also wants the United States to relax curbs on exports of advanced semiconductors, and has raised concerns about a bill to keep critical chip-making equipment from China.
They are considering extending a truce on China’s export curbs on rare earths at \u200bthe summit, but Chinese \u200bcustoms data shows Beijing \u2060is still throttling shipments of the materials vital for defence and manufacturing.
The summit talks may also encompass the Iran war, as China, which maintains ties with Iran, \u200bis a major buyer of its oil.
Trump said on Tuesday, however, he did \u200bnot think he \u2060would need China’s help to end the conflict, even as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz.
Neither side has strong incentives to make early concessions, however, said Kim, \u2060the academic, \u200badding that the United States is unlikely to ease curbs \u200bon key technologies such as semiconductors.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. Treasury \u200cSecretary Scott Bessent and Chinese Vice Premier He Lifeng started talks in South Korea on Wednesday to lay the groundwork ahead of this week’s summit of the leaders of the world\u2019s two biggest economies in Beijing.Bessent and He began the talks \u200bat Incheon airport after each met South Korean President Lee Jae Myung […]<\/p>\n","protected":false},"author":4,"featured_media":16045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[3442,1906,3121],"class_list":["post-16044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-bessent","tag-he","tag-talks"],"yoast_head":"\nUS Treasury's Bessent, China's He hold talks in South Korea ahead of Trump-Xi summit - 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