China Weighs BYD Founder for Xi’s US Visit as Trump Signals Opening for EV Plants
Officials are weighing BYD for Xi’s delegation as U.S. tariffs block Chinese EVs and the Pentagon has blacklisted the company, sources said.
- Beijing is considering including BYD in President Xi Jinping's business delegation for his state visit to Washington on September 24, though senior officials say the list remains subject to last-minute changes.
- China's selection criteria prioritizes executives with potential U.S. deals and Communist Party loyalty, similar to Xi's 2015 visit when he brought Alibaba co-founder Jack Ma, as Chinese automakers have expanded rapidly into Europe and Mexico.
- BYD faces 100% U.S. tariffs and a Pentagon blacklist over alleged People's Liberation Army links, which the company denies; yet House China select committee chief John Moolenaar argues its vehicles would bankrupt American automakers.
- President Donald Trump told Fox News earlier in September he would allow a Chinese company to build electric vehicles in America if it employed American workers, but Senator Elissa Slotkin warned this could threaten 1.2 million Michigan auto industry jobs.
- Several Chinese industry chiefs are still awaiting U.S. visas while firms like Zhongji Innolight and Bank of China may join; Nvidia Corp. boss Jensen Huang is expected at the state dinner, and any Chinese automaker deal would face significant market entry barriers.
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12 Articles
The Straits Times
chinamoneynetwork.comChina considers BYD for Xi’s US summit delegation
China may include BYD in Xi Jinping’s US summit delegation amid talks on electric vehicle market access and potential investment opportunities. Read more at straitstimes.com.
The possible presence of BYD, Xiaomi and Innolight executives in Xi Jinping's visit to Washington reflects China's interest in negotiating investments, but also exposes the commercial and technological tensions that will mark his meeting with US President Donald Trump.
Chinese delegation for Xi Jinping's US visit takes shape with BYD, Xiaomi, Innolight rumors
Executives from BYD, Xiaomi and optical-component maker Zhongji Innolight are likely to travel with Chinese President Xi Jinping on his state visit to Washington next week. The lineup suggests that the visit could result in new Chinese investments in the U.S. Why is China’s President going to Washington? Chinese President Xi Jinping is scheduled to...
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