US and China plan AI dialogue channel ahead of leaders summit

U.S. and Chinese economic officials met on Sunday to explore the establishment of a bilateral communication channel focused on artificial‑intelligence (AI) risks and policy coordination. The discussions, held in Washington, involved senior representatives from the U.S. Treasury Department and China’s Ministry of Finance, who said the proposed mechanism would enable rapid exchange of information on emerging AI technologies, market impacts, and regulatory approaches. The talks were framed as a preparatory step for the upcoming summit between President Joe Biden and President Xi Jinping, scheduled for later this week, where broader economic and security issues are expected to be addressed.

Both sides emphasized that a dedicated AI dialogue could help mitigate misunderstandings and promote stability in a sector that is increasingly influencing global markets and national security. While no formal agreement was reached, the officials agreed to draft a framework for regular consultations and to present the proposal to their respective leaders ahead of the summit. The initiative reflects a growing recognition among major economies of the need for coordinated oversight of AI development as part of broader efforts to manage strategic competition.