Bessent cites trade progress after meeting China’s He Lifeng in Davos

US Treasury Secretary Scott Bessent said on Tuesday that he met with Chinese Vice-Premier He Lifeng a day earlier on the sidelines of the World Economic Forum in Davos, Switzerland, in advance of US President Donald Trump’s much-anticipated speech to the global body on Wednesday. Bessent’s account of the sit-down between the main interlocutors over the past tumultuous year between Beijing and Washington suggests the pieces are in place to go ahead with a summit in Beijing between Trump and...

Source: scmp.com at 1/20/2026 3:42:44 PM.

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