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China’s Xi meets U.S. executives as businesses navigate bilateral tensions

Posted on AllSides March 27th, 2024
From The Center
China News Service | China News Service | Getty Images

U.S. business leaders met with Chinese President Xi Jinping on Wednesday, the latest of Beijing’s efforts to bolster foreign investment in China amid tensions with the U.S.

Blackstone founder Stephen Schwarzman, Qualcomm President and CEO Cristiano Amon, Bloomberg Chair Mark Carney and FedEx President Rajesh Subramaniam were among the attendees, according to state media.

The companies did not immediately respond to CNBC’s requests for comment.

Earlier reports described the meetings as a follow-up to Xi’s dinner with U.S. business executives in San Francisco in November following the Chinese president’s meeting with President Joe Biden.

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