The President of the Chinese XI Jinping met with global management on Friday, March 28, 2025.
CNBC Cheng Ells
Beijing – President of China XI Jinping on Friday met with global management and justified investing in the country, because Beijing focuses on reaching companies in connection with the escalating trade tensions from the USA
He said that international companies bear great responsibility for “compliance with global order” and that they have to work with China.
XI emphasized that China was a safe and stable place for foreign companies. “Investing in China is to invest in tomorrow,” CNBC translated in Mandarin.
By marking the last political plans, XI said that China would provide honest opportunities to participate in foreign companies in government orders.
Over 40 people, mainly foreign management and business officials, took part in a meeting at a round table from the 11th, including Ray Dalio from Bridgewater Associates, the standard CEO of Bill Winters and CEO Blackstone Group Steve Schwartzman.
US President Donald Trump He raised the tariffs by 20% in China from January compared to the alleged A role in the American fentanyl crisisAnd he threatened the swath of new tariffs at the main trading partners from the beginning of April. Trump said this week that he can reduce Chinese tariffs To help closing the contract that forces Bytedance from Beijing for the sale of Tiktok operations in the USA.
The US has also added dozens this week Chinese technology companies on their black export listThe First, such restrictions under Trump's rule.
China has increased their trade with the countries of Southeast Asia and the European Union, but the US remain the largest trading partner in Beijing in one country.
XI said that US-China's commercial tensions should be solved by negotiations. “We must work on the stability of global supply chains,” he added, noting that there was no way to separate.
A member of the permanent committee of Politburo Cai Qi, the most important diplomat China Wang Yi and Deputy Prime Minister Prime Minister He Lifeng also participated in the meeting with the heads of the Chinese Economic Planning Agency, the Ministry of Finance and the Ministry of Trade.
According to the CNBC program, seven foreign managers spoke at this event before the XI provided closed.
According to Stephen Olins, the President of the National Committee for Relations of the United States and the Commission of Relations of States Relations of States Relations of States Relations of States relations of state relations relations relations of relations of state relations of US-Chin relations, XI reported individualized comments on the speech of the speech based on the past with a person or company.
Orlins pointed out that the companies present at the meeting already had interests in China.
Beijing tried Trade pressure of shiftsInstead of breeding up a lot. Served the management of the main American companies in the supported state Annual conference It lasted from Sunday to Monday. Tim Cook, the General Director of Apple, was among those who took part in the conference, while the general director of Tesla Elon Musk was visible because of his absence. It was also not at the Friday meeting with XI.
Also on Sunday Republican American senator Steve Daines met the Chinese prime minister Li Qiang In Beijing – for the first time the American politician visited China since Trump started his last term in January.
“It was the first step to an important next step, which would be the meeting of President XI and President Trump” Daines said The Wall Street Journal. “When this happens and where it happens, it should be determined.”
The White House did not answer the CNBC's request for comment.
Li called cooperation and said Nobody could gain a trade war, According to state media.
According to the Fedex, Pfizer, Pfizer, Pfizer, Cargill, Qualcomm and Boeing, as well as the President of the US Business Council, Sean Stein, they were also present at the Li Li meeting, in accordance with the report of foreign media pools.