Xi Jinping urges global executives to invest in China amid trade tensions

In a move to strengthen economic ties, Chinese President Xi Jinping convened with global executives on March 28, 2025, to advocate for increased foreign investment in China. The meeting coincided with ongoing trade tensions between China and the United States, where elevated tariffs and restrictions have strained relations. Xi emphasized the crucial role that multinational companies play in upholding global order and encouraged them to collaborate with China for mutual benefit. During the discussions, Xi assured foreign investors that China remains a stable and attractive destination for investment. He highlighted the country's vast market potential, with its population of 1.4 billion and ongoing economic reforms designed to facilitate foreign participation in various sectors, including government procurement. Notable attendees included executives from major corporations, such as Tim Cook of Apple and Ray Dalio of Bridgewater Associates, underscoring the international interest in China's market despite the challenges posed by U.S. tariffs and trade policies. These meetings and statements reflect China's broader efforts to recover from an economic slowdown exacerbated by a property crisis and the lingering effects of the COVID-19 pandemic. President Xi declared that China's policy of openness towards foreign investment would continue to expand, aiming to stabilize its economy and foster international cooperation. Yet, the ongoing trade war presents uncertainties for foreign businesses, contributing to a cautious sentiment among investors. Balancing these tensions, Xi called for negotiations with the U.S. rather than confrontation, emphasizing the need for cooperative solutions in global trade relations. Overall, Xi Jinping's outreach to global business leaders signifies China’s desire to maintain its status as a key player in the international market. The future of foreign investment in China remains contingent upon resolving trade disputes, yet Xi's reiteration of confidence in China's economic policies may foster optimism among potential investors looking for opportunities in the world's second-largest economy.