US, China agree AI dialogue ahead of Trump-Xi summit

Chinese and US negotiators made progress on artificial intelligence (AI) and trade ahead of President Xi Jinping’s visit to the White House later this week. “We had a very successful engagement with the Chinese on trade and AI,” US Treasury Secretary Scott Bessent told reporters following Sunday’s eight-hour-long negotiations at JPMorgan Chase’s head office in New York. The talks had a “good atmosphere” and were “not bad”, said China’s Li Chenggang. Li’s promotion to international trade...