Chinese President Xi Jinping emphasizes the importance of investing in China by meeting with leaders of major global companies amid increasing US pressure.
Meeting with Global Business Leaders
Xi Jinping met with over 40 top executives in Beijing, advising them to invest in China. Participants included Ray Dalio from Bridgewater Associates, Bill Winters from Standard Chartered, and Stephen Schwarzman from Blackstone.
Economic Challenges from the US
Amid new trade restrictions from the US, Xi stressed the necessity for foreign companies to cooperate with China. He assured that China will provide equal conditions for foreign firms in government procurement.
Future Talks and Expectations
Xi hopes to stabilize global supply chains through talks rather than escalating trade conflicts, while Washington continues to increase pressure via tariffs and restrictions on Chinese technologies.
Amid increasing global tensions, China seeks to expand its economic ties, maintaining dialogue with global business leaders and ensuring market stability.
