- Apple CEO Tim Prepare dinner, Tesla chief Elon Musk and Blackrock’s Steve Schwarzman had been among the many friends Wednesday evening at a reception and dinner in San Francisco for visiting Chinese language President Xi Jinping.
- In line with the place playing cards, Prepare dinner was seated subsequent to Chinese language Minister of Commerce Wang Wentao.
- The dinner adopted Xi’s daylong summit with President Joe Biden, which Biden referred to as “a few of the most constructive and productive discussions we have had.”
High enterprise leaders within the U.S. meet Chinese language President Xi Jinping in San Francisco, California on Nov. 15, 2023.
Eamon Javers, CNBC Correspondent
Apple CEO Tim Prepare dinner, Tesla chief Elon Musk and Blackrock‘s Steve Schwarzman had been among the many friends Wednesday evening at a gala reception and dinner in San Francisco for visiting Chinese language President Xi Jinping.
Hosted by the U.S.-China Enterprise Council and the Nationwide Committee on U.S.-China Relations, the dinner adopted Xi’s daylong summit with President Joe Biden, which Biden referred to as “a few of the most constructive and productive discussions we have had.”
The dinner with Xi was a sizzling ticket for CEOs of America’s most outstanding firms, an opportunity to rub elbows with high-ranking authorities ministers of a rustic that did practically $760 billion value of commerce with the USA final yr.
On the visitor checklist: Salesforce CEO Marc Benioff, Boeing CEO Stan Deal, FedEx CEO Raj Subramaniam, Visa chief Ryan McInerney, Bridgewater Associates’ Ray Dalio, Pfizer chairman and CEO Albert Bourla, Mastercard chair Benefit Janow, and BlackRock‘s Larry Fink.
The Biden administration was represented by Commerce Secretary Gina Raimondo, U.S. ambassador to China, Nicholas Burns, and Kurt Campbell, a prime White Home China advisor. San Francisco Mayor London Breed additionally had a spot on the head desk.
In line with the place playing cards, Prepare dinner was seated subsequent to Chinese language Minister of Commerce Wang Wentao. Occasion organizers mentioned Musk attended the VIP reception, however didn’t keep for the dinner.
The primary query for us is, are we adversaries or companions?
Xi Jinping
President of China
In remarks earlier than the meal, Raimondo emphasised how a lot alternative stays within the U.S.-China financial relationship.
“All of you right here this night stay keenly to do enterprise in China, and to seek out methods to advance our bilateral financial relationship,” Raimondo mentioned. “I do know that, as a result of half of you have got come to see me to inform me that.”
Xi delivered the keynote tackle, his most expansive remarks up to now in his U.S. go to. He used the speech to current a view of the U.S.-China relationship that differs considerably from Biden’s.
“The primary query for us is, are we adversaries or companions?” Xi requested.
“If one sees the opposite facet as a major competitor, probably the most consequential geopolitical problem, and a pacing risk, it is going to solely result in misinformed policymaking, misguided actions and undesirable outcomes,” mentioned Xi.
It was not misplaced on the room that Biden has described China in every of these phrases prior to now.
As an alternative of adversaries, Xi emphasised that China desires a partnership with the USA, a “win-win” relationship.
As a part of his general outreach message, Xi introduced that China shall be sending pandas to the San Diego Zoo, after three of the bears had been just lately returned to China from Washington’s Smithsonian Nationwide Zoo.
“Pandas have lengthy been envoys of friendship between the Chinese language and American individuals,” he mentioned.
“We’re able to proceed our cooperation with the USA on panda conservation and do our greatest to satisfy the needs of the Californians, in order to deepen pleasant ties between our two peoples.”
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