Updated

Treasury Secretary Scott Bessent met with China's Vice Premier He Lifeng for talks covering trade, artificial intelligence and critical minerals, ahead of the planned September 24 summit between President Trump and Chinese President Xi Jinping. The discussions are seen as laying groundwork for the leaders' meeting amid ongoing friction over trade and technology policy. The talks come as markets watch for signs of easing or escalating tensions between the two economies on issues ranging from tariffs to export controls on critical minerals and AI-related technology.