StockDuty ← Dashboard Nov 11, 2026 03:05 PM ET
SignalTech/AI

U.S., China should ‘harbor no illusions’ as they cooperate, compete on AI, Bessent says

Bessent signals U.S.-China AI cooperation and competition, a key geopolitical tech catalyst.

What happened: Treasury Secretary Scott Bessent said the U.S. and China should "harbor no illusions" as they cooperate and compete on AI. During Xi's September visit, the two sides agreed to launch an AI dialogue with a communications channel to help defuse serious incidents. Why it matters: The communications channel is meant to help defuse serious incidents between the two countries, framing AI as an area of both cooperation and competition. Coverage: 3 outlets in 24h
Treasury Secretary Scott Bessent said the U.S. and China should "harbor no illusions" as they cooperate and compete on AI. During Xi's September visit, the two sides agreed to launch an AI dialogue with a communications channel to help defuse serious incidents.
The communications channel is meant to help defuse serious incidents between the two countries, framing AI as an area of both cooperation and competition.
Sources