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US banks are raising capital for Chinese AI startups while Chinese money flows into American tech — even as both governments build rival AI supply chains.
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Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet Sunday to prepare potential AI, tariff, and critical minerals deals ahead of the Trump-Xi Washington summit.
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US banks are raising capital for Chinese AI startups while Chinese money flows into American tech — even as both governments build rival AI supply chains.
Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet Sunday to prepare potential AI, tariff, and critical minerals deals ahead of the Trump-Xi Washington summit.
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