Scott Bessent confirms weekend meeting with He Lifeng days before Xi’s US visit

News Snapshot:

US Treasury Secretary Scott Bessent on Tuesday confirmed that he will meet Chinese Vice Premier He Lifeng this weekend for the final preparatory talks between the two sides, less than a week before Chinese President Xi Jinping travels to Washington for a bilateral summit with US President Donald Trump. “With China, we have had some very good private discussions, and I look forward to those continuing this weekend when I meet my Chinese counterpart Vice [Premier] He Lifeng,” Bessent said during a House Financial Services Committee hearing. Bessent was responding to a question about the alleged role of Chinese banks…

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