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US, China discuss AI dialogue mechanism and trade ahead of Trump-XI summit

US and Chinese delegations held "succesful" and "constructive" talks in New York on Sunday on Artificial Intelligence and trade, ahead of Chinese President Xi Jinping's visit to Washington later this week. The two countries discussed setting up a dialogue mechanism as fears over AI security keep rising, and prepared to ease trade tensions as a truce deal is set to expire in November. Also in this edition, France and Canada seek to deepen ties on critical minerals and energy.

France 24France 24Charles PELLEGRIN21 Sept
  • neutral toward Trump-Xi · 97%

Asian shares rise amid optimism around US-Chinese talks on trade and AI; oil prices fall – business live

Talks between officials in New York come ahead of summit between Donald Trump and Xi Jinping later in the week Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Stock markets in Asia have risen led by technology shares, lifted by optimism around talks between the US and China on trade and artificial intelligence, while oil prices declined. 2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world. Scaring people is unnecessary. It is irresponsible. Scott Bessent and Chinese vice premier He Lifeng have already laid the groundwork [for the Trump-Xi meeting] in New York, with trade, investment and artificial intelligence on the table, but this is not a market waiting for a grand bargain. It is waiting to see whether both sides can keep the next trade grenade in the drawer. 9.30am BST: UK S&P Global Consumer sentiment index 1.30pm BST: US Chicago Fed National Activity Index for August 2.10pm BST: IMF managing director Kristalina Georgieva speaks at the IMF Legal Department 80th anniversary conference in Washington Continue reading...

The GuardianThe GuardianJulia Kollewe21 Sept

AI fears burst onto Trump-Xi agenda, but challenges abound

Apocalyptic warnings about the danger of uncontrolled artificial intelligence are adding new urgency to talks between President Trump and Chinese President Xi Jinping set for next week.  Trump has dismissed AI’s existential threats as a “hoax” — a view that analysts say aligns with China’s general perspective. Intense competition for primacy and mutual distrust have…

The HillThe HillLaura Kelly20 Sept
  • neutral toward Trump-Xi · 90%

China’s stranglehold on rare earths must be ended, says hopeful supplier to EU

Rafael Moreno, whose company has opened demo plant in Brazil, says market is ‘nervous’ as Trump-Xi summit looms The head of a mining company hoping to supply the EU with rare earths in two years’ time has said it is “paramount” to end China’s stranglehold on the supply of the raw materials used in everything from cars to wind turbines and military jets. As Donald Trump and China’s president, Xi Jinping, prepare to meet on Thursday in their second summit of the year, Rafael Moreno said it was also “imperative” that they do a deal for Beijing to ease up, once again, on its threat to ban exports of rare earths. Continue reading...

The GuardianThe GuardianLisa O’Carroll Senior correspondent20 Sept

AI safety: No, China will not hit the brakes

A spate of warnings in recent days about the dangers of AI have sparked mixed reactions: from Donald Trump dismissing the fears as a hoax, to Beijing criticising calls for the US to block its advancement as fearmongering. As President Xi Jinping heads to Washington for talks, FRANCE 24's technology correspondent Peter O'Brien explains why the two superpowers are unlikely to forge binding agreements on AI regulation.

France 24France 24Yuka ROYER18 Sept