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China ready to be a ‘partner and friend’ of US, Xi tells US CEOs

Carlos Barria/Piscine/Reuters

Chinese leader Xi Jinping speaks at a dinner hosted by the National Committee for U.S.-China Relations and the U.S.-China Business Council on the sidelines of the APEC summit in San Francisco on November 15, 2023.

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China is ready to be “a partner and a friend” of the United States, Chinese leader Xi Jinping told U.S. business leaders in San Francisco on Wednesday, as he sought to woo U.S. companies amid decline in foreign investment in China.

The dinner, which takes place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum, comes hours after Xi held in-depth talks with US President Joe Biden, during which both leaders took positive steps to stabilize the difficult relations between the two greatest world powers. savings.

Hosted by the U.S.-China Business Council and the National Committee on U.S.-China Relations, the evening offered Xi an opportunity to directly appeal to U.S. leaders, increasingly wary of the economic slowdown Chinese economy and Xi’s tightening grip on the economy, including a widening national security crackdown that has spooked foreign businesses.

Apple CEO Tim Cook, Tesla founder Elon Musk and Nike executive chairman Mark Parker were among Xi’s dinner guests, according to Chinese state broadcaster CCTV.

This is a developing story and will be updated.

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