MCHI - American CEO Spills Secrets From Xi Jinping Meeting: China's President Gave 'Tough Answers' On Everything From Economy To Chips To Taiwan | Benzinga
Chinese President Xi Jinping met with several U.S. CEOs on Wednesday in an attempt to entice them back into the country amidst a slew of macro and geopolitical challenges. The leader of the world’s second-largest economy reportedly provided “tough answers” to the probing questions posed by the corporate leaders.
On the Economy: In a meeting that reportedly lasted one-and-a-half hours, Xi extolled the Chinese economy, according to a CEO who attended the meeting and chose to remain anonymous, as cited by CNBC contributor Michelle Caruso-Cabrera on X.
The Chinese leader purportedly asserted that the domestic economy has yet to reach its peak and expressed confidence in the country’s ability to address its challenges. Xi also emphasized that the government bears the responsibility of generating at least 10 million new jobs annually for recent graduates.
Notable attendees at the meeting included Stephen Schwarzman, Chairman and CEO of Blackstone, Cristiano Amon, President and CEO of Qualcomm, and Evan G. Greenberg, Chair of the National Committee on U.S.-China Relations Board of Directors.
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