Marthio Marthio
BusinessPolicy & Regulation

President Xi Jinping prepares delegation of Chinese CEOs for September Washington visit

Two sources confirm President Xi is organizing a unique business trip to the US with a large group of company executives despite ongoing US-China tensions.

Sources confirmed President Xi Jinping is preparing a significant delegation of Chinese CEOs to accompany him during his upcoming trip to Washington. This move represents an unusual development given recent skepticism from US officials regarding Chinese investment and strained diplomatic relations. Historically, the president rarely travels abroad accompanied by corporate executives, many of whom faced reputational damage following 2020 regulatory crackdowns on China's technology, education, and real estate sectors. A White House official stated that Washington is currently monitoring the incoming group of Chinese CEOs, though no explanation was provided for the term "monitoring." The business delegation scheduled for September 24 has not been previously announced. One familiar source noted that this gesture aims to signal China's willingness to support economic investment and commercial ties with the US. Additionally, the move is intended to present potential economic advantages to the administration as it enters the mid-term election cycle. In recent years, companies from China have faced increased scrutiny over their investments and operations in the United States.

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