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CEO's $40K Dinner With Xi Jinping: A New Way Of Establishing US-China Business Relations? - Broadcom (NASDAQ:AVGO), Boeing (NYSE:BA)

Summary by Ground News

AVGO CEO, Hock Tan, shelled out $40,000 to dine with China's President, Xi Jinping. This dinner, held during Jinping's recent meet-up with American business magnates in San Francisco, has sparked discussions over the future of U.S.-China corporate interactions. China gave the nod to Broadcom's proposal, along with approving Mastercard Inc. to issue yuan-denominated cards.

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CEO's $40K Dinner With Xi Jinping: A New Way Of Establishing US-China Business Relations? - Broadcom (NASDAQ:AVGO), Boeing (NYSE:BA)

Many business leaders also caution that China still needs to do more to reassure multinational companies of their business-friendly stance.

1 year ago·New York, United States

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Benzinga broke the news in New York, United States 1 year ago on Tuesday, November 28, 2023.

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