Washington: Chinese President Xi Jinping is visiting America. Before this, Xi Jinping is being organized to have a dinner with the top business leaders of America. Through it, efforts will be made to attract American companies in their favor as well as foreign investment. Xi Jinping will arrive in San Francisco to attend the Asia-Pacific Economic Cooperation Conference. First of all, there will be a meeting with US President Joe Biden and a dinner will be organized on the second day. The aim is to stabilize freight relations between the world’s two largest economies.
Xi Jinping is constantly looking for new ways to deal with the economic slowdown in China. For this, American business leaders may have the opportunity to hear Xi Jinping directly through the dinner. “The purpose of the dinner is to promote better communication,” a source close to the organizers told Reuters. He declined to say who would speak, confirming both Chinese and American representatives when the two governments share the stage. But there is no official confirmation regarding this dinner event.
It has yet to be formally announced by the host US-China Business Council (USCBC) and the National Committee on US-China Relations (NCUSCR). According to event notices seen by Reuters, some U.S. Companies will pay thousands of dollars for the dinner. America US has accused the Muslim Uyghurs of genocide, a charge China has vehemently denied.
China is also looking for a solution to its economic crisis and that may open up some room for dialogue. China’s economy is facing many challenges and has not returned to pre-Covid growth levels. China’s foreign trade is declining and it wants to discuss improving its trade relations with the US.
First published: November 14, 2023, 13:54 IST