"I think President Trump is the only leader whom President Xi respects. They had a very good meeting. The relationship is in a good place. I think we are going to have two state visits, and they may also see each other at the G20 meeting in Doral [Trump National Doral Golf Club in Miami] and then the APEC conference in Shenzhen in November [2026]," Bessent told CNBC.
Last month Trump said that his meeting with Xi in South Korea was amazing and resulted in an "outstanding group of decisions." Later, the Chinese leader said that trade and economic development should remain the driving force behind China-US relations, not a stumbling block between the countries.