Amid rising tensions with the United States and a fragile economic recovery, Chinese President Xi Jinping recently hosted a meeting with a group of American business executives in Beijing. The aim was to boost confidence in the Chinese economy and maintain stable relations with the US. Among those present were Stephen Schwarzman from Blackstone and Cristiano Amon from Qualcomm.
The meeting, which took place on Wednesday, included representatives from American business, strategic, and academic sectors, according to the official Xinhua News Agency. The executives were able to reaffirm their interest in doing business in the vast Chinese market, despite escalating geopolitical tensions and efforts in China to promote local competitors.
Through this dialogue, both sides explored ways to collaborate for mutual benefit. China’s goal is to demonstrate its openness to foreign businesses, despite recent tensions with Washington and crackdowns on consulting firms that have deterred some investors. By engaging with global executives, China aims to strengthen economic ties with the US and restore confidence in its market among international investors.
