The Los Angeles Post
U.S. World Business Lifestyle
Today: April 10, 2025
Today: April 10, 2025

China's Xi Jinping to meet with American executives on Wednesday, sources say

Closing session of the National People's Congress (NPC) in Beijing
April 26, 2024
Reuters - Reuters

BEIJING (Reuters) - China's President Xi Jinping will meet with American business leaders in Beijing on Wednesday, according to three sources with knowledge of the matter, in a follow up to his November dinner with U.S. investors in San Francisco.

The meeting was proposed by chief executive of U.S. insurer Chubb, Evan Greenberg, said one of the sources who has direct knowledge of the matter. Other attendees include Stephen Orlins, president of the National Committee on U.S.-China Relations, and Craig Allen, president of the U.S.-China Business Council.

The meeting was first reported by the Wall Street Journal last week.

The meeting is not part of the China Development Forum agenda, which took place in Beijing March 24-25, two sources said, and was deliberately scheduled for Wednesday to separate it from the high-profile forum for senior foreign executives and China's leaders.

China's State Council Information Office did not immediately respond to a request for comment.

Officials who spoke at the opening of the forum this weekend expressed confidence China would hit its economic targets, including growth of about 5% this year, and pledged further support for companies in strategically important sectors, an area Xi has dubbed "new productive forces."

In November, Xi told American business leaders in San Francisco that China is ready to be a partner and friend of the U.S., and there is plenty of room for cooperation, in a bid to overcome China's struggles to entice foreign investment.

(Reporting by Joe Cash and Antoni Slodkowski; Editing by Lincoln Feast.)

Related Articles

Preparing for the apocalypse: Hereโ€™s why collaboration is essential China, Belarus agree to strengthen cooperation in trade, security Belarus president promises to expand cooperation with North Korea British, Irish PMs seek to reset strained ties over pints of Guinness
Share This

Popular

Business|Economy|Political|US

Treasury secretary on Trumpโ€™s backdown on tariffs

Treasury secretary on Trumpโ€™s backdown on tariffs
Business|Economy|Finance|Political|Stock Markets|US

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
Asia|Business|Economy|Political|Stock Markets

Global shares jump following historic gains on Wall St after Trump paused most of his tariffs

Global shares jump following historic gains on Wall St after Trump paused most of his tariffs
Business|Economy|Europe|Political|US|World

The EU will put tariff retaliation on hold for 90 days to match Trump's pause

The EU will put tariff retaliation on hold for 90 days to match Trump's pause

Local

Lifestyle|Local|News|WrittenByLAPost

โ€œNurse Hailey,โ€ nursing influencer, passes away in childbirth after amniotic fluid embolism

โ€œNurse Hailey,โ€ nursing influencer, passes away in childbirth after amniotic fluid embolism
Local

How gas prices have changed in Chico in the last week

How gas prices have changed in Chico in the last week
Political|Local|News

Palmdale deputy announces bid for L.A. County Sheriff

Palmdale deputy announces bid for L.A. County Sheriff
Local

How gas prices have changed in Santa Rosa in the last week

How gas prices have changed in Santa Rosa in the last week

Access this article for free.

Already have an account? Sign In