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Chinese leader to lead business delegation to US summit
Chinese President Xi Jinping plans to bring a large delegation of businessmen during his upcoming visit to Washington on September 24th. This unusual move highlights Beijing's desire to support trade and investment relations with the United States amidst current tensions, especially following American measures such as tariffs on Chinese products and bans on certain tech companies. The goal of this step is to demonstrate China's willingness to enhance economic cooperation, while also aiming to achieve some gains for the White House before the midterm elections, despite ongoing scrutiny of Chinese companies and the impact of U.S. sanctions on major tech firms. This visit is seen as an opportunity to rebuild trust and strengthen bilateral cooperation, the first of its kind since 2015.
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