Summary
- China’s Xi met with foreign CEOs in Beijing
- Around 40 executives joined the meeting
- China has struggled to reassure foreign investors
China’s President Xi Jinping urged a gathering of global CEOs on Friday to protect industrial and supply chains, as Beijing seeks to assuage foreign firms’ concerns over the Chinese economy’s health while Trump threatens further tariffs.
Beijing has struggled to dispel fears that a renewed trade war with U.S. President Donald Trump will further pinch growth in the world’s second-largest economy whose recovery since the end of the pandemic has been less than robust.