U.S. Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng meet in Seoul on Wednesday as part of last-minute preparations for a U.S.-China summit between President Donald Trump and President Xi Jinping in Beijing. According to multiple reports, the talks take place at Incheon International Airport, in a VIP lounge under tight security, where both sides coordinate the summit agenda and exchange views on economic and trade issues that have been central to recent tensions between Washington and Beijing. Each official first makes a courtesy visit to South Korean President Lee Jae Myung at Cheong Wa Dae. Lee and his guests discuss matters including bilateral U.S.- and China-related issues for South Korea and regional considerations. South Korean officials say the meetings reflect South Korea’s position as an ally of the United States and a strategic partner of China. After the Seoul consultations, Bessent travels to Beijing to join Trump for his two-day visit, while He Lifeng continues preparation for the Trump-Xi talks scheduled to begin in Beijing on Thursday.