U.S. President Donald Trump and Chinese President Xi Jinping could hold four in-person summits next year, including on the occasion of reciprocal visits, U.S. Treasury Secretary Scott Bessent said on the 25th local time.
Minister Bessent said on CNBC that day, "President Trump is scheduled to make a state visit to Beijing, and President Xi is also scheduled to make a state visit to the United States."
Earlier, after speaking with Xi the previous day, President Trump said on Truth Social, "President Xi asked me to visit Beijing in April (next year), and I accepted," adding, "(Xi) will be my guest for a state visit to the United States next year." Minister Bessent said that including this, if you add ▲ the Group of 20 (G20) summit to be held in the United States ▲ the Asia-Pacific Economic Cooperation (APEC) summit to be held in China, at least four U.S.-China summits will take place.
Minister Bessent said, "If there are four such meetings over a year, it will provide great stability to the bilateral relationship," adding, "Stability is good for the American people and good for the global economy." However, he added, "We (the United States and China) will always be competitors," and "That is natural."
Minister Bessent also said, "President Trump and President Xi agreed to pursue peace in the Ukraine conflict and to cooperate for that purpose." Regarding China's purchase of U.S. soybeans, which was agreed at the Busan summit on the 30th of last month, he said, "Over the next three and a half years, we will see China purchase at least 87.5 million tons."