China’s He Lifeng to lead trade talks with US delegation in South Korea
Crypto Briefing
Chinese Vice Premier He Lifeng will meet US Treasury Secretary Scott Bessent in Seoul for high-level trade negotiations ahead of a presidential summit.Summary
Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent are scheduled to meet in Seoul on May 12-13 for high-level trade discussions. These talks build upon prior summits and serve as a precursor to President Trump’s upcoming visit to Beijing to meet President Xi Jinping. While the agenda focuses on broad economic issues, observers note that He Lifeng’s participation signals a high level of importance from Beijing. Despite the economic focus, there is no indication that digital assets or cryptocurrency regulation will be part of the dialogue, consistent with China’s current strict stance on the sector.
(Source：Crypto Briefing)