Shannon Brandao
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"FT [excerpt]: At a #SanFrancisco hotel on Wednesday evening, Chinese President #XiJinping delivered a message to US #business that got a standing ovation: China is a big market and a friend.
Crowding into the Hyatt Regency to meet the Chinese leader were #ElonMusk of #Tesla, #TimCook of #Apple and Albert Bourla of #Pfizer, all keen on selling more #electriccars, #iPhones and #pharmaceuticals in the world’s second-biggest #economy.
After a day spent in long-awaited talks with US President Joe Biden, Xi told an audience of about 300 people: 'China is both a super-large economy and a super-large market . . . modernisation for 1.4bn Chinese is a huge opportunity that China provides to the world.'
'The world needs China and the US to work together for a better future,' he added. 'China is ready to be a partner and friend of the US.'
The warm feelings appeared mutual. 'If you go through the list of the top 20 US companies in China, they were all there,' said one San Francisco #tech titan who attended the event but did not want his name to be published. On his way into the Hyatt, #Bridgewater founder #RayDalio told the Financial Times he was 'excited to have this relationship [with Xi]'.[...]"
#news #geopolitics