China's Xi seeks 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.
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48 Articles
China’s Xi seeks to bring large CEO delegation on US visit, sources say
President Xi Jinping is preparing a large business delegation to accompany him on his visit to Washington, two sources said, an unusual move given U.S. scepticism towards Chinese investment and Beijing’s strained ties with private enterprise.
Chinese President Xi Jinping is preparing a large business delegation to accompany him on a visit to Washington, two sources said, an unusual move given American skepticism about Chinese investment and Beijing's strained ties with private companies. […] The post Xi has a big surprise for Trump: He's bringing Chinese business leaders to Washington appeared first on Novi list.
Xi Jinping to take Chinese business chiefs to Trump summit in Washington
Xi Jinping is preparing to take a large delegation of Chinese business executives to Washington for his September 24 summit with Donald Trump. The move signals Beijing's effort to strengthen trade and investment ties even as expectations for major breakthroughs remain modest.
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)
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- 44% of the sources are Center
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