The heads of several U.S. companies who are in Beijing to attend the China Development Forum were invited to meet with China’s top leader on Wednesday. The agency writes about this Bloomberg .
According to informed sources, we are talking about a possible meeting with Chinese President Xi Jinping, although his name is not mentioned in the written invitations.
Potential participants include Pfizer CEO Albert Bourla, FedEx Raj Subramaniam and Amway CEO Milind Pant. Some executives had to extend their stay in China, and at least two executives will not be able to attend due to previous commitments.
The meeting is seen as part of Beijing’s efforts to boost foreign investor confidence as foreign direct investment is set to fall to a 30-year low in 2022. Sentiment has worsened due to political tensions with the US, pandemic restrictions and tighter data security controls.
But last week, China relaxed rules on cross-border data flows in response to complaints from foreign businesses.
One of the invited executives sees the meeting as a continuation of the dialogue that began at the APEC summit in San Francisco in November, when the president of the People’s Republic of China attended a dinner with top executives including Apple CEO Tim Cook.
“The Chinese government encourages and supports business and other sectors in China and the United States to friendly exchanges and cooperation,” Chinese Foreign Ministry spokesman Lin Jian said at a briefing on Tuesday. said.
Before recognized It’s about the CIA’s covert operation against the Chinese government.
Previously Biden named China is a “ticking time bomb”.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.