Chinese President Xi Jinping encourages global investment amid trade tensions with the U.S.

SOURCE www.nbcnews.com
Chinese President Xi Jinping met with global executives to encourage investing in China amidst escalating trade tensions with the U.S. Xi emphasized fair opportunities for foreign businesses and the importance of upholding global order. The U.S. has raised tariffs on China and added Chinese tech companies to its export blacklist.

Key Points

  • Xi Jinping advocates for investing in China to uphold global order
  • China seeks to maintain stability in global supply chains
  • Efforts to resolve trade tensions through negotiations rather than retaliation

Pros

  • China assures foreign companies of safety and stability for investments
  • Xi emphasizes fair opportunities for foreign businesses to participate in government procurement bids
  • Efforts to resolve U.S.-China trade tensions through negotiations

Cons

  • Escalating trade tensions between China and the U.S.
  • U.S. raising tariffs on China and adding Chinese tech companies to export blacklist