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.
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China's President, Xi Jinping, is preparing a large business delegation to accompany him on his visit to Washington, said two sources, in an unusual initiative in the face of US scepticism about Chinese investments and Beijing's tense relationship with the private sector.
President Xi Jinping of the PRC plans to visit Washington in September, along with a representative delegation of Chinese entrepreneurs, wrote Reuters. "Ci Jinping is preparing a major business delegation that will accompany him during his visit to Washington." RIA News reports Reuters. According to the agency's sources, the presence of business representatives is intended to demonstrate China's willingness to maintain investment and trade links…
XI JINPING plans to lead a large business delegation to Washington for a summit with Trump to boost trade and reach economic deals.
China’s Xi Jinping plans major CEO delegation for US visit: Here’s why
Chinese President Xi Jinping is preparing a large business delegation to accompany him to the Washington summit on September 24.As reported by Reuters, this move signals China’s willingness to...
China’s Xi to bring large CEO delegation on U.S. visit, sources say: Reuters exclusive
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. skepticism towards Chinese investment and Beijing’s strained ties with private enterprise.
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