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US CEOs Follow Trump's Footsteps with Diplomacy in Beijing

The executives sought approvals and market access as China signaled openness to deeper cooperation in finance, aviation, and capital markets.

Summary by Reuters
They hope the political goodwill can trickle down to China's bureaucratic apparatus and unlock regulatory approvals and lucrative purchase deals.

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For the first time in nine years, the American president came to China with a huge team. The founder of SpaceX and CEO Tesla Ilon Musk joined Donald Trump, the head of Apple Tim Cook, the leaders of Meta, Goldman Sachs, Boeing, Visa and other companies. However, it is hardly possible to say that their presence has had a major impact on anything. Moreover, after the two days that Trump spent in Beijing, it is hardly clear why he came.

·Riga, Latvia
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Phil's Stock World broke the news on Saturday, May 16, 2026.
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