In a move signaling renewed efforts to stabilize global economic ties, Chinese Vice Premier He Lifeng will engage in high-level discussions with U.S. Treasury Secretary Scott Bessent during a visit to Switzerland from May 9–12. The talks come at a critical juncture for addressing lingering trade tensions and exploring collaborative opportunities in green technology and supply chain resilience.
The meetings, confirmed by China's Foreign Ministry, form part of Vice Premier He's broader European itinerary that includes co-chairing the 10th China-France High Level Economic and Financial Dialogue in Paris from May 12–16. Analysts highlight Switzerland's neutral diplomatic standing as strategic for facilitating U.S.-China negotiations on emerging challenges like AI governance and cross-border investment protocols.
For business leaders, the dialogue's outcomes could influence market access policies and technology transfer frameworks across Asia-Pacific supply chains. Researchers will monitor potential joint initiatives on climate finance ahead of upcoming multilateral summits, while diaspora communities anticipate impacts on cross-border remittance regulations and SME collaboration.
The Switzerland talks mark the first major economic engagement between the two powers since February 2024’s working group meetings, offering a litmus test for cooperation amid broader geopolitical frictions.
