Loading Now

President Xi Jinping Advocates for Stable US-China Relations and Investment

President Xi Jinping underscores the importance of stable US-China relations and a cooperative investment environment. He pledges to uphold mutual respect and ensure fair access for foreign firms. Meetings with global leaders aim to strengthen ties amidst declining foreign direct investment into China.

President Xi Jinping has emphasized the necessity for stable and healthy development in US-China relations, identifying it as fundamental for both nations. He conveyed his intent to manage these relations through principles of mutual respect and win-win cooperation. Additionally, China is committed to being an ideal, safe, and promising destination for investment, ensuring that foreign firms have equitable access to production factors.

During a meeting with influential leaders from companies such as BMW, Mercedes, Qualcomm, FedEx, and Inter IKEA, Xi reiterated the importance of building closer ties to enhance foreign investment amid rising US-China tensions. Notably, foreign direct investment (FDI) in China experienced a significant decline of over 27% in 2024, the largest drop since the 2008 financial crisis.

Xi voiced two key sentiments: “Blocking someone else’s path will only block your own path in the end” and “blowing out other people’s lights will not make your own light brighter,” illustrating the value of cooperation over conflict. Such statements reflect his broader vision for international relations and economic partnerships.

In summary, President Xi Jinping has clearly articulated the importance of stable US-China relations while promising to foster a supportive environment for foreign investment in China. His statements and meetings with global business leaders are aimed at reinforcing cooperative ties, especially in light of a notable drop in foreign direct investment. Xi’s remarks serve as a reminder of the mutual benefits of collaboration rather than competition.

Original Source: www.tradingview.com

Post Comment