Exclusive-China’s Xi to Bring Large CEO Delegation on US Visit, Sources Say
The delegation could help Beijing signal support for investment while talks focus on rare earth licenses and tariff relief, sources said.
- On September 24, Chinese President Xi Jinping will visit Washington accompanied by a large business delegation, according to two sources. This unusual move aims to demonstrate support for commercial ties amid strained relations.
- Xi rarely travels with corporate executives, as many fell out of favor following Beijing's regulatory crackdowns on technology and property sectors since 2020. This departure from protocol aims to offer the White House potential economic wins.
- In contrast, U.S. President Donald Trump traveled to China in May with 18 American executives, including Nvidia CEO Jensen Huang and Elon Musk, seeking greater market access. Xi previously brought a large contingent in 2015.
- Trade Representative Jamieson Greer said Thursday that both countries will make "some announcements on agriculture and non-tariff barriers" during the summit. Officials are discussing reciprocal tariff reductions covering $30 billion worth of products.
- Despite this effort, expectations remain modest due to U.S. skepticism and ongoing tensions, including a 100% tariff on imported Chinese EVs. Sources say the Board of Investment is unlikely to produce significant deliverables at the summit.
26 Articles
26 Articles
With China I have a "good business relationship": President Xi Jinping will be at the White House on September 24 with the "wife and we will organize a state dinner." Donald Trump said. (ANSA). (ANSA)
Chinese President Shi Jin Ping is preparing to bring a large business delegation to Washington, D.C., in a rare step aimed at supporting investment and business relations with the United States shortly before a prospective summit.
Xi Jinping to bring large CEO delegation on US visit, sources say
President Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to support investment and commercial ties. Chinese companies have faced increasing scrutiny and U.S. restrictions on their operations. Expectations for the summit remain modest with limited prospects for major breakthroughs. Both nations are discussing reciprocal tariff reductions and non-tariff barriers.
State Dinner in the Works for Chinese President
“President Donald Trump said that he plans to host a state dinner for Chinese President Xi Jinping during his counterpart’s upcoming visit to Washington later this month,” NOTUS reports. “Xi is expected in D.C. around Sept. 24 for a summit with the president. The meeting comes as the administration steps up pressure both on countries […]
Coverage Details
Bias Distribution
- 53% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
