China's Xi meets American CEOs in bid to boost confidence in ailing economy
China's President Xi Jinping met with top U.S. executives in Beijing as his government tries to reassure foreign businesses about the economy.
BEIJING — Chinese President Xi Jinping met with top U.S. executives in Beijing Wednesday, as his government tries to reassure foreign businesses about a market that remains crucial for their bottom lines despite persistent tensions between the world’s two biggest economies.
Xi met the group of American businesspeople and academics at the Great Hall of the People, Chinese state media reported. The meeting was preceded by a group photo.
Participants included Blackstone founder Stephen Schwarzman, Bloomberg Chair Mark Carney, FedEx President Rajesh Subramaniam and Qualcomm President and CEO Cristiano Amon, according to state media reports.
During the meeting, Xi said the Chinese economy was “healthy and sustainable,” an achievement that “cannot be separated from international cooperation,” according to state media, which reported that he “listened carefully” to the American participants.
The executives were in China for a series of business-related events including the China Development Forum, an annual high-level meeting that ended Monday. Other prominent U.S. business leaders such as Apple CEO Tim Cook have also been in China in recent days, as the government and American companies engage in a mutual charm offensive.
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