US CEOs line up to woo Chi­na’s Xi in San Fran­cis­co

A num­ber of top U.S. busi­ness lead­ers will host Chi­nese Pres­i­dent Xi Jin­ping for a din­ner on Wednes­day evening after his meet­ings with Pres­i­dent Joe Biden in San Fran­cis­co.
The din­ner, tak­ing place on the fringes of the 2023 APEC sum­mit, will be the first oppor­tu­ni­ty for many of these CEOs to pitch Xi direct­ly on their com­pa­nies. Xi has not trav­eled to the Unit­ed States in six years.
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A full list of the CEOs attend­ing the event has not been pub­lished, but con­firmed atten­dees include Tes­la and SpaceX CEO Elon Musk, Cit­i­group CEO Jane Fras­er, Exxon Mobil CEO Dar­ren Woods, and Microsoft CEO Satya Nadel­la. Eight-seat tables at the din­ner will report­ed­ly cost exec­u­tives $40,000, a rel­a­tive­ly low bar­ri­er for entry con­sid­er­ing the busi­ness poten­tial.
The Biden admin­is­tra­tion has urged com­pa­nies to “de-risk” sup­ply chain shocks by mov­ing some oper­a­tions back from Chi­na to the Unit­ed States.
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