Chinese President Xi Jinping met with global executives to encourage investment in China amid escalating trade tensions with the U.S. He emphasized that multinational companies have a responsibility to uphold global order and should work together with China. Xi highlighted that China provides a safe and stable environment for foreign businesses and assured fair opportunities for participation in government procurement bids.
As the trade tensions between the U.S. and China continue to intensify, Xi stressed the need for negotiations to resolve the issues. China has been expanding trade with Southeast Asian countries and the European Union, but the U.S. remains its largest trading partner on a single-country basis. In efforts to alleviate trade pressures, China has been reaching out to major U.S. businesses at a state-backed annual conference, including executives from companies like Apple and FedEx.
U.S. Senator Steve Daines recently met with Chinese Premier Li Qiang in Beijing, marking the first political visit from the U.S. since the beginning of Trump’s latest term. Daines expressed optimism for a potential meeting between President Xi and President Trump in the future to further discuss trade issues. Li emphasized the importance of cooperation and warned that no one benefits from a trade war.
Overall, Xi’s message to the global executives and political figures was focused on the importance of working together to find solutions to trade disputes and promote stability in global supply chains. The discussions and meetings reflect China’s efforts to engage with key international stakeholders amidst the ongoing trade challenges.
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