China's President Xi meets with U.S. CEOs from FedEx, Blackstone and Qualcomm as Beijing tries to boost confidence in its economy [Fortune]
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Source: Fortune
Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing. The Chinese leader on Wednesday met with representatives from American business, strategic and academic communities, the official Xinhua News Agency said. State broadcaster CCTV named a number of executives present at the meeting and said Xi took a group photo with the participants before the event. China is trying to show it welcomes foreign businesses, but whipsawing tensions with Washington , a shaky economic recovery and raids on consulting firms have damped investor enthusiasm. For global executives, the meeting was a chance to underscore interest in participating in the giant Chinese market despite deepening geopolitical tensions and moves in China to favor local competitors Other attendees include Raj Subramaniam, chief executive officer of FedEx Corp.; Evan Greenberg, CEO of the insurer Chubb Ltd.; Stephen Orlins, president of the National Committee
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