The two sides are expected to discuss AI, trade relations, supply chains and Middle East tensions, among other issues
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New York on Sunday, laying the groundwork for President Donald Trump and Chinese President Xi Jinping to consider at their summit from September 23-25.
The two sides are expected to discuss AI, trade relations, supply chains and Middle East tensions, among other issues, although analysts expect no major policy breakthrough. The yuan strengthened to a high of 6.6950 per dollar, the strongest level since January 16, 2023. It finished the domestic session at 6.6955 per dollar, its strongest such close since June 30, 2022.
The offshore yuan traded at 6.6946 yuan per dollar , up about 0.03% in Asian trade.
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