China and the US are competing for AI dominance but have shared concerns over safety

Economic Times TechSeptember 20, 2026en

On Sunday, U.S. Treasury Secretary Scott Bessent said after talks in New York with Chinese Vice Premier He Lifeng ahead of the meeting between Trump and Xi that the two countries discussed the setting up of a mechanism on AI dialogue and proposed a new "notification mechanism" for AI incidents that could impact national security.

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