China's Xi Jinping to Skip CEOs at Trump Summit Amid Trade Tensions
Chinese President Xi Jinping is unlikely to bring business leaders to a summit with former U.S. President Donald Trump, as trade tensions and unresolved investment disputes cast doubt on the business delegation. The decision reflects ongoing disagreements over bilateral investment frameworks and Chinese investments in the U.S. The absence of CEOs could signal a lack of progress in economic negotiations.
Timelines
Sources
China will probably decide against inviting business leaders to join President Xi Jinping on his trip to the United States this week as the two countries struggle to reach investment agreements. A lack of agreement about a planned bilateral Board of Investment and differences over potential Chinese investments in the US have put the business delegation in doubt, the South China Morning Post said, citing a person familiar with the situation. The Wall Street Journal reported the story earlier. The...
China’s Xi unlikely to bring CEOs to summit where Trump is seeking deals, says US official The Straits Times