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China Woos Global Business Leaders as Trump Intensifies Trade War
Financial Express Lucknow
|March 29, 2025
CHINESE PRESIDENT XI Jinping called on global business leaders to push back against protectionism, seeking to take advantage of growing backlash to rising US tariffs to promote his country as a reliable partner.
Xi on Friday made a veiled critique of Donald Trump's trade actions, touting China's stability at a meeting in Beijing with some 40 corporate leaders including Stephen A. Schwarzman of Blackstone Inc., Judy Marks of Otis Worldwide Corp and Jay Y. Lee of Samsung Electronics Co. His comments came a day after the American president intensified his trade war and prompted threats of retaliation from the EU and other allies.
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