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Chinese president to lead business delegation to Washington

Chinese President Xi Jinping announced his intention to bring a large delegation of business leaders along on his upcoming visit to Washington, aiming to strengthen trade and investment relations between China and the United States. This move is rare and comes as a result of Beijing’s efforts to demonstrate its willingness to improve economic cooperation, especially after regulatory tightening that has affected the private sector since 2020. Xi is expected to hold a summit with U.S. President Donald Trump on September 24, with the delegation including executives from Chinese companies. The step aims to achieve positive outcomes in trade and investment sectors despite the American restrictions imposed on Chinese firms, particularly in technology and export sectors.

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