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Did you know about the APEC Summit taking place in San Francisco?

Haebom
The APEC Summit 2023, attended by Microsoft's CEO Satya Nadella, Citigroup's Jane Fraser, and Tesla and SpaceX CEO Elon Musk, is taking place in San Francisco.
Since so many entrepreneurs and politicians are present at the event, there’s a heavy media presence. This year, with China’s President Xi Jinping attending the APEC Summit in person, it’s creating some interesting scenes.
This time, China is holding a strictly invitation-only Private Dinner. As the name suggests, it's an exclusive dining opportunity with President Xi Jinping and only a very select group of people.
The APEC Summit is a key event for understanding the complex dynamics between China and the US, and offers vital networking opportunities for business leaders. In particular, the dinner with the Chinese president is likely to play a significant role in building relationships for those attending. Of course, although Biden—who’s recently been ramping up criticism of China—also met with Xi Jinping, and while both were smiling on the outside, who knows what was passing between them in their eyes...
What’s really interesting is that, as US-China relations become increasingly tense with economic sanctions and so on, corporate executives aren’t just meeting directly with Xi Jinping—they’re only able to take part if they’re invited. Naturally, it's already been revealed that prominent figures like Elon Musk and Darren Woods attended, but which other companies met remains confidential.
For instance, Tim Cook of Apple made a recent visit to China, putting on a show of reinforcing Apple’s ties with the country. Even though China’s real estate market is in freefall and youth unemployment is at a record high, it’s still the world’s largest consumer market, so it's no wonder business leaders are eager to build connections or secure stable guanxi. Companies are keeping a close watch and maneuvering carefully between the US and China.
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