US Treasury's Bessent plans to discuss AI and rare earths with China's He, source says

The talks are planned ahead of a summit between US President Donald Trump and Chinese President Xi Jinping, which the report says is scheduled for Sept 24 in Washington. The report does not specify where or when Bessent and He would meet, or who else would take part.

The report states that Bessent said in a statement that he expects the discussions to cover 'both open- and closed-weight models.' It does not describe what either government would seek from that part of the agenda, whether the two sides have agreed on terminology, or how open-weight and closed-weight models would be treated differently in any outcome. Rare earths appear as the second stated topic, without further detail in the excerpt.

The report also notes that Bessent has recently called for the US and China to agree on AI 'guardrails,' which he has described as aimed at keeping powerful models out of the hands of 'malign non-state actors.' The excerpt does not say whether China has responded to that call or whether the Sept 24 summit is expected to produce any agreement on the subject. It provides no detail on the current state of US–China discussions on AI beyond Bessent's planned meeting with He.