{"id":966282,"date":"2026-11-11T06:06:10","date_gmt":"2026-11-11T06:06:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/966282\/"},"modified":"2026-11-11T06:06:10","modified_gmt":"2026-11-11T06:06:10","slug":"u-s-china-should-harbor-no-illusions-about-their-differences-bessent","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/966282\/","title":{"rendered":"U.S., China should \u2018harbor no illusions\u2019 about their differences: Bessent"},"content":{"rendered":"<p>Scott Bessent, U.S. Treasury secretary, during an announcement on Trump Accounts in the Oval Office of the White House in Washington, DC, US, on Wednesday, Oct. 7, 2026.<\/p>\n<p>Annabelle Gordon | Bloomberg | Getty Images<\/p>\n<p>The U.S. and China should &#8220;harbor no illusions&#8221; about their differences as they engage to contain the risks of artificial intelligence, while competing with each other at the same time, Treasury Secretary Scott Bessent said. <\/p>\n<p>Bessent said in prepared remarks to the National Committee on U.S.-China Relations in New York Tuesday that the two governments had established a new dialogue mechanism on &#8220;super intelligence,&#8221; or SI, aimed at guarding against &#8220;shared risks&#8221; and averting any &#8220;misunderstanding between our two systems.&#8221; <\/p>\n<p>The mechanism will see both sides exchanging &#8220;best practices&#8221; for testing advanced models before they are released, and &#8220;keeping human judgement firmly in command of the technology,&#8221; Bessent said, expecting both sides to alert each other to serious incidents involving the SI models.  <\/p>\n<p>Bessent, however, stopped short of making any commitment to limit advancement of the technology, as Beijing and Washington remain locked in an intense race to achieve global dominance in AI. <\/p>\n<p>The Trump administration has largely resisted broadening restrictions on AI development over concerns of ceding a competitive edge to China, though the president has more recently <a href=\"https:\/\/www.reuters.com\/world\/trump-says-ai-risks-can-be-managed-signals-openness-guardrails-2026-11-09\/\" target=\"_blank\" rel=\"nofollow noopener\">signaled some openness<\/a> to putting in place regulatory safeguards. <\/p>\n<p>&#8220;I \u200bdon&#8217;t mind guardrails,&#8221; <a href=\"https:\/\/www.cbsnews.com\/news\/donald-trump-2026-post-midterm-elections-interview-60-minutes-transcript\/\" target=\"_blank\" rel=\"nofollow noopener\">he said in a CBS interview released Sunday<\/a>, adding that \u2060he did not want regulations to put the U.S. in &#8220;a deep second position&#8221; behind China, \u200bwhich he \u200bsaid \u2060had no such restrictions. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/09\/14\/china-ai-slowdown-us-tech-ceos.html\" rel=\"nofollow noopener\" target=\"_blank\">China&#8217;s foreign ministry in September<\/a> dismissed calls to slow down frontier models, saying that fearmongering and confrontation would only disrupt global AI governance. Huiyao Wang, founder of Center for China and Globalization, a think tank that closely aligns with Beijing&#8217;s thinking, said last month that the U.S.-China talks should &#8220;confront AI risks and manage them together.&#8221; <\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/11\/108414319-1792072406505-108414319-1792072326279-gettyimages-2297774940-kbd15015_cmzhzqga.jpg\" alt=\"How Nvidia's Huang influenced Pres. Trump's China policy\"\/><\/p>\n<p>During Xi&#8217;s September visit, Washington and Beijing <a href=\"https:\/\/www.cnbc.com\/2026\/09\/26\/china-us-tariff-cut-ai-dialogue.html\" rel=\"nofollow noopener\" target=\"_blank\">agreed to launch an AI dialogue<\/a> with a communications channel to help defuse serious incidents. The two leaders are expected to meet for the third time next week, with Bessent joining, on the sidelines of the Asia-Pacific Economic Cooperation Leaders&#8217; Meeting from Nov. 18 to 19. <\/p>\n<p>As the technology advances, the two nations will need to demonstrate how they can &#8220;reconcile the demands of competition with the responsibilities of leadership,&#8221; Bessent said in his Tuesday speech. &#8220;Our interests will not always coincide, and our approach to every challenge likewise will not always converge,&#8221; he added. <\/p>\n<p>Washington had <a href=\"https:\/\/www.cnbc.com\/2026\/06\/12\/anthropic-disables-access-to-fable-5-and-mythos-5-to-comply-with-government-directive.html\" rel=\"nofollow noopener\" target=\"_blank\">briefly suspended access<\/a> by foreign nationals to Anthropic&#8217;s Mythos and Fable 5 models in June before <a href=\"https:\/\/www.cnbc.com\/2026\/06\/30\/anthropic-says-trump-admin-has-lifted-export-controls-on-claude-fable-5-and-mythos-5.html\" rel=\"nofollow noopener\" target=\"_blank\">restoring it weeks later<\/a>. The U.S. government has also restricted exports of the most advanced chips to Beijing, and accused Chinese developers of copying American models through what it calls industrial-scale distillation. <\/p>\n<p>Xie Feng, China&#8217;s ambassador to the U.S., told the audience at the gala that efforts by both countries were &#8220;indispensable&#8221; to addressing issues from global flashpoints to &#8220;improving artificial intelligence governance.&#8221; Cooperation &#8220;may not resolve every challenge,&#8221; he said, but &#8220;none can be resolved without it.&#8221;  <\/p>\n<p>The event was organized at a time when <a href=\"https:\/\/www.cnbc.com\/2026\/11\/10\/jensen-huang-nvidia-china-ties.html\" rel=\"nofollow noopener\" target=\"_blank\">controversy around Nvidia Corp CEO Jensen Huang&#8217;s<\/a> affair with an alleged Chinese spy has been making headlines. <\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/11\/108548595-17943492741794349271-49559772107-1080pnbcnews.jpg\" alt=\"'No way' Nvidia CEO Huang can survive affair and export scandal, says Silverado's Dmitri Alperovitch\"\/><\/p>\n<p>The billionaire tech executive, who joined Trump&#8217;s delegation to Beijing in May and was invited to the state dinner in Washington in September, is at the center of a major corporate and national security scandal after <a href=\"https:\/\/www.cnbc.com\/2026\/11\/09\/nvidia-jensen-huang-affair-congress-scrutiny.html\" rel=\"nofollow noopener\" target=\"_blank\">admitting to an extramarital affair<\/a> with a Chinese businesswoman whom the U.S. intelligence officials suspect of espionage. <\/p>\n<p>While Huang&#8217;s presence at the upcoming summit has been thrown into doubt, other business leaders such as Tesla and SpaceX CEO Elon Musk and Mastercard&#8217;s Michael Miebach could be on Trump&#8217;s delegation next week, according to <a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3373901\/top-us-business-leaders-including-elon-musk-set-join-donald-trump-apec-china\" target=\"_blank\" rel=\"nofollow noopener\">South China Morning Post<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Scott Bessent, U.S. Treasury secretary, during an announcement on Trump Accounts in the Oval Office of the White&hellip;\n","protected":false},"author":2,"featured_media":966283,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,4989,879,12922,6826,4615,2158,161,49,48,95,1377,1376,46,13626,24744,26823,3430,1369,714,12400,17276,61,7161,772,9671],"class_list":["post-966282","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-asia-economy","tag-breaking-news","tag-breaking-news-asia","tag-breaking-news-economy","tag-breaking-news-politics","tag-breaking-news-technology","tag-business-news","tag-ca","tag-canada","tag-china","tag-donald-j-trump","tag-donald-trump","tag-economy","tag-foreign-policy","tag-government-and-politics","tag-mastercard-inc","tag-new-york","tag-nvidia-corp","tag-politics","tag-scott-bessent","tag-space-exploration-technologies-corp","tag-technology","tag-tesla-inc","tag-united-states","tag-xi-jinping"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/966282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=966282"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/966282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/966283"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=966282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=966282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=966282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}