The APEC Summit 2023 is being held in San Francisco, with Microsoft CEO Satya Nadella, Citigroup's Jane Fraser, and Tesla and SpaceX CEO Elon Musk attending.
Since it is an event with various businessmen and politicians participating, there are a lot of cameras. An interesting scene is occurring as Chinese President Xi Jinping is personally participating in this APEC Summit.
This time, China is preparing a Private Dinner, and it is strictly by invitation. As the name suggests, it is an opportunity to dine with President Xi Jinping and a minimal number of people.
The APEC Summit is an important event that provides an understanding of the complex relationship between China and the United States and provides important networking opportunities for business leaders. In particular, the dinner with the Chinese president is expected to be an important relationship-building event for attendees. Of course, Biden, who has recently been increasing the level of criticism of China, also met with Xi Jinping, and although he looks smiling, I don't know what he is talking about with his eyes...
What’s interesting is that while the US-China relationship is becoming increasingly polarized through economic sanctions, etc., corporate executives are not directly meeting with Xi Jinping, but rather are being invited to participate. Of course, it has already been made public that big names like Elon Musk and Darren Woods have participated, but the details of which companies met are being kept confidential.
In fact, Apple's Tim Cook recently visited China in person and showed a performance that solidified the relationship between Apple and China. China's real estate market is collapsing and the youth unemployment rate is at its highest, but it is still the market with the largest number of consumers, so it seems like an issue that arises from the perspective of businessmen wanting to line up or secure guanxi. Companies are also rolling their eyes between the US and China.
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