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China's neighbors are wooing American CEOs. The CEOs are listening.China’s neighbors are trying to capitalize on current tensions with the US by wooing American CEOs who are more open to making their goods in other parts of Southeast Asia. The lobbying from China's Asian rivals was on full display this past week at the Asia Pacific Economic Cooperation (APEC) Summit in San Francisco, even as Chinese President Xi Jinping tried to make his own...0 Comments 0 Shares 3K Views 0 Reviews
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China's red carpet draws CEOs but few expect their money to followChina's government devoted the week to a red carpet welcome for foreign executives to try to halt a retreat in corporate investment from a market once seen as the engine of global growth. Chinese Vice President Han Zheng speaks at the Invest in China Summit 2024, in Beijing. But many executives leave China with a shared caution: while things may not be getting worse, the risks of an...0 Comments 0 Shares 3K Views 0 Reviews
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Global CEOs to get audience with Xi JinpingU.S. CEOs are expected to meet with Chinese leader Xi Jinping next week, The Wall Street Journal first reported Thursday, signaling Beijing’s need of foreign capital as it works to revive its post-COVID economy. Beijing has appeared to become increasingly hostile towards foreign businesses, reducing their presence in recent years, as world leaders have encouraged...0 Comments 0 Shares 3K Views 0 Reviews
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