Chinese President Xi Jinping meets with international executives, as Beijing focuses on commercial communication

On Friday, Chinese President Xi Jinping met with international executives, as Beijing focuses on communicating with companies amid the escalation of trade tensions with the United States

Xi emphasized how the country is a safe and stable place for foreign business. “To invest in China for investing tomorrow,” said Xi in Mandarin.

US President Donald Trump The customs tariff raised 20 % on China since January due to the alleged A role in the American fentanel crisisA group of new customs tariffs threatened the main commercial partners starting in early April. Trump said this week It may reduce China’s tariff To help closing the deal that is forced by Beijing -based BYTEDANCE to sell US Tiktok operations.

This week the United States added dozens of Chinese technology companies to export blacklistthe First, these restrictions under the Trump administration.

China has increased its trade with Southeast Asian countries and the European Union, but the United States is still the largest commercial partner in Beijing on the basis of one country.

In a sign of how Beijing seeks to Trade pressureInstead of revenge strongly, China has signed executives of major American companies in a state -backed country Annual conference Run from Sunday to Monday. The CEO of Apple Tim Cook was among the executives who attended, while the CEO of Tesla Elusk was clear because of his absence.

Also on Sunday, American Republican Steved Steve Denz met with Chinese Prime Minister Lee Qiang In Beijing – the first time that an American politician has visited China since Trump began his last term in January.

“This was the first step for an important next step, which would be a meeting between President Xi and President Trump,” Denz told Wall Street Journal. “When this happens and where it happens is a selection.”

The White House did not respond to the CNBC request for comment.

He urged me to cooperate and said No one can win from the trade war, According to government media.

Senior CEOs of major companies including Fedex, Pfizer, Cargill, Qualcomm and Boeing as well as US Business Council Chair Sean Stein attended at the Daines meeting with LI, according to the foreign media gathering report.