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US, China open high-level talks ahead of Trump-Xi summit
Top economic officials from China and the United States have begun talks in New York City aimed at clearing the way for possible agreements on trade, artificial intelligence and critical minerals ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping later this week. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng began talks at JPMorgan Chase's Manhattan headquarters on Sunday morning, with US Trade Representative Jamieson Greer also taking part. "I'm looking forward to having focused, fulsome and constructive talks today that will set the stage for our leaders' meeting," Bessent told reporters as he arrived. At the top of the agenda is a fragile US-China trade truce due to expire on November 10. The agreement, reached in Busan, South Korea, last November, capped US tariffs on Chinese goods at about 20 percent after a tit-for-tat trade fight briefly pushed tariffs into the triple digits.
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Why have US prosecutors labelled China's Huawei a criminal enterprise?
Why have US prosecutors labelled China's Huawei a criminal enterprise? Share Why have US prosecutors labelled China's Huawei a criminal enterprise? on social media Chinese technology giant Huawei is facing a landmark criminal trial in the United States amid Washington's long-running tech rivalry with Beijing. The trial began in federal court in Brooklyn, New York, on September 9, with US prosecutors portraying Huawei as a criminal enterprise that spent two decades stealing technology from US companies, deceiving banks and circumventing sanctions on Iran. The trial is expected to last about three months and overlaps with Chinese President Xi Jinping's September 23-25 visit to Washington, where trade, artificial intelligence, tariffs and access to critical technologies are likely to be on the agenda. What are the allegations against Huawei?