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Chinese Delegation Enters U.S. Treasury, Potential Impact on Trade Negotiations

Chinese Delegation Enters U.S. Treasury, Potential Impact on Trade Negotiations

According to South Korean media reports, a delegation of Chinese officials quietly entered the U.S. Treasury building, which may have significant implications for upcoming trade negotiations that have yet to occur.

As reported by the Chosun Ilbo, the entry occurred just an hour before a scheduled '2+2 meeting' involving South Korean Deputy Prime Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent.

The identity of the senior Chinese official has not yet been confirmed, but both the official and accompanying personnel were seen wearing identification for the G20 finance ministers and central bank governors meeting. The report also noted that South Korean journalists were blocked from capturing this incident, with the Chinese personnel demanding the deletion of any related photographs.

According to sources, if these private negotiations prove successful, they could represent a turning point in the ongoing trade conflict.