Xi unlikely to bring CEOs to Trump summit

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Business News›News›International›World News›Xi Jinping unlikely to bring CEOs to summit where Trump seeks deals
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Xi Jinping unlikely to bring CEOs to summit where Trump seeks deals
Synopsis
US President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not expected to bring a delegation of top business executives. Many prominent technology leaders from the US will attend the state dinner alongside high-ranking officials. Tensions between the US and China regarding various issues have been rising in recent weeks.
APThe 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.
Also read: Xi's coming to America: US won't announce new tariffs until leaders meet next week
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. Trump told reporters last week that he expected to notch “a lot of different deals” during the summit.
On the US side, tech executives expected to attend the dinner include Meta Platforms Inc.’s Mark Zuckerberg, Nvidia Corp.’s Jensen Huang, OpenAI’s Sam Altman, Microsoft Corp.’s Satya Nadella, Amazon.com Inc.’s Jeff Bezos, Apple Inc.’s Tim Cook, Tesla Inc.’s Elon Musk, Alphabet Inc.’s Sundar Pichai and Michael Dell of Dell Technologies Inc. They are set to be joined by Jane Fraser of Citigroup Inc. and Jamie Dimon of JPMorgan Chase & Co. Mastercard Inc. CEO Michael Miebach is also expected to attend.
Others participating in the summit include Trump officials on the forefront of his economic and trade agenda, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, Energy Secretary Chris Wright and US Trade Representative Jamieson Greer, among others, according to a person familiar with the matter.
While the plans and attendees are subject to change, the lopsided list of executives on the American side reflects a potential difference in expectations between the two countries. Trump has repeatedly expressed his anticipation for the summit, calling the Xi visit a “great honor” and highlighting his rapport with the Chinese leader.
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Trump Xi Jinping summitUS China relationsChina US trade dealsElon MuskSundar PichaiTim CookTrump Xi meetingDonald TrumpXi JinpingSam Altman


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