US-China Business Gala Calls for Stable Ties; Bessent Cites AI Dialogue

The AI dialogue mechanism is the substantive item here: it puts the world's two largest economies into a structured channel on the technology that sits closest to both financial markets and national security, and it does so alongside a business relationship that both sides are publicly framing as fragile. The signal matters most for cross-border tech and capital flows, where ambiguity itself carries cost. Whether the mechanism produces anything more than a de-risking forum — and whether it survives contact with the export-control and tariff file — is the open question.