Xi Jinping Unlikely To Bring CEOs To Summit Where Donald Trump Seeks Deals
President Trump is set to host Chinese President Xi Jinping for a summit in Washington, featuring a large delegation of US tech executives. Unlike the American side, China is not expected to bring a comparable group of CEOs, signaling a potential mismatch in business expectations.
Why it matters
The disparity in corporate representation highlights the complex and often strained economic relationship between the world's two largest economies.
The highly anticipated summit between President Donald Trump and China's Xi Jinping will bring together a robust gathering of US corporate leaders, but there will not be a comparable delegation of Chinese executives, raising questions about the prospects for the world's two largest economies to strike new business deals this week.The Chinese president is not expected to bring any chief executive officers to the US as part of a business delegation, according to a senior US administration official, who sought anonymity to discuss details that are not yet public.Trump is preparing to host Xi in Washington, with talks set for Thursday and a lavish state dinner, at which many prominent technology executives are expected to attend.
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