Foreign direct investment in China has fallen to an 18-year low.
“The hope is that high-level dialogues like this can start to inject some certainty for business into an increasingly fraught and unpredictable trade relationship,” he said.
Still, as one of the world’s largest consumer markets and home to many factories that supply global businesses, China exerts a powerful pull.
On a visit to China this month, Elon Musk, the chief executive of Tesla and owner of Twitter, described the American and Chinese economies as “conjoined twins” and said he opposed to efforts to split them.
Apple’s chief executive, Tim Cook, traveled to China in March and lauded the company’s “symbiotic” relationship with the nation.
Persons:
”, Jake Colvin, Mary Barra, Jamie Dimon, JPMorgan Chase, Stephen Schwarzman, Elon Musk, Tesla, Tim Cook
Organizations:
American Chamber of Commerce, National Foreign Trade Council, General Motors, JPMorgan, Twitter
Locations:
China, Blackstone