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Chinese Vice Premier He Lifeng held video talks with U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, according to a First Squawk post. The readout gave no details on the substance of the discussions. The exchange marks a fresh high-level contact between Beijing and Washington on trade and economic matters. It matters because markets have been watching for signs of re-engagement between the world's two largest economies. What to watch next is whether the talks produce a concrete follow-up, such as a scheduled in-person meeting or a narrowing of tariff and policy differences.

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Scott Bessent, He Lifeng, Jamieson Greer, United States, China