Xi to bring business delegation to Washington

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Xi to bring business delegation to Washington
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Yahoo! Finance

Chinese leader Xi Jinping is preparing a business delegation to accompany him to Washington for a September 24 summit, an unusual move after Chinese regulatory crackdowns since 2020 that cooled ties with private enterprise. Reuters reported the plan based on two sources and could not name participants. The delegation aims to signal Beijing's willingness to support investment and commercial ties and to offer the White House potential economic wins ahead of U.S. midterm elections. The effort comes as Washington has tightened measures on Chinese firms, including tariffs on EVs, import bans and placement on security-related blacklists.

Xi will bring a business delegation to the September 24 Washington summit

Context

Chinese regulators tightened rules after 2020. The United States has increased scrutiny and trade measures. The delegation could lead to talks or economic offers at the September 24 summit.

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