China and U.S. trade teams began economic and trade consultations at Seoul's Incheon International Airport on Wednesday, with Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent leading the delegations. [1, 2, 3]
The talks started at 11:44 a.m. local time on May 13, after the two sides met South Korean President Lee Jae-myung. [1]
Xinhua said the delegations discussed "resolving economic and trade issues of mutual concern" and "further expanding practical cooperation." [2]
The airport meeting came as the latest round of trade negotiations between the two countries, which Xinhua said was the seventh round and lasted less than four hours. [2]
Xinhua said the talks in Seoul were the shortest since the current round of negotiations began last year. [2]
The consultations were still underway at the time of the initial reports, with no immediate statement on the next round or any follow-up schedule. [1, 2]
