Chinese Executives from BYD, CATL, Xiaomi May Join Xi Jinping on U.S. Visit
Sources indicate that top executives from major Chinese companies such as BYD, CATL, and Xiaomi may accompany President Xi Jinping during his upcoming visit to the United States. The delegation is being finalized by Washington and Beijing, with potential inclusion of firms facing regulatory scrutiny in the U.S., including those involved in electric vehicles (EVs) and consumer electronics. The proposed business group includes companies like Hisense, Wanxiang Group, Gotion High-Tech, and Bank of China. This move is seen as an effort to secure greater market access for Chinese firms amid rising tensions over investment concerns from the U.S. side. The final list will be confirmed after a meeting between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. Some companies in consideration, such as BYD and CATL, are already under scrutiny or sanctions by U.S. authorities due to alleged military ties or trade violations. This delegation mirrors former President Trump’s 2024 visit where he brought executives from firms facing regulatory pressure in China.
Topics: Business Delegation China United States Xi Jinping Visit