Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon are just of several high-profile American business leaders that have recently visited China as the country aims to lure foreign investment.
The CEO visits fit the narrative China wants to push, namely that of American businesses resisting the government's push for decoupling from China, as described in an article by the . A narrative that rallies support from the Chinese public when its leaders stand up against American political critique but back the government when it comes to attracting hard-needed foreign investments.
President Biden, right, and China's President Xi Jinping meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on Nov. 14, 2022. Premier Li Qiang stressed that China was open for business and would provide a better environment and better services to all as "developing the economy is the fundamental key to creating jobs." Recently adopted measures to stimulate foreign investment include loosening restrictions on foreign investment in currently restricted sectors, improving trade customs clearance and export control and further developing free-trade zones.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla to open charging network to GM next year; GM, Tesla shares rallyTesla Inc. has opened its fast-charging network to General Motors Co. electric vehicles, the companies said late Thursday, following a similar announcement...
Read more »
GM's electric vehicles will gain access to Tesla's vast charging networkElectric vehicles made by General Motors will be able to use much of Tesla’s vast charging network starting early next year. In addition, GM will adopt Tesla’s connector, the plug that links an electric vehicle to a charging station. GM joins Ford in shifting its vehicles to about 12,000 of Tesla’s chargers, and both Detroit automakers are pushing to make Tesla’s connector the industry standard. GM CEO Mary Barra and her Tesla counterpart, Elon Musk, made the announcement during a Twitter Spaces conversation. Their discussion comes two weeks after Ford CEO Jim Farley joined Musk to announce that Ford’s electric vehicles would gain access to much of Tesla’s EV-charging network, the largest in the nation.
Read more »
Artificial Intelligence & Nvidia: Fact, Fiction & Future - CEO SpotlightEric Schwartz, CEO, CyrusOne joins KRLD's David Johnson for this episode of CEO Spotlight.
Read more »
Thanks to this North Texas company, It's payday for student athletes - CEO SpotlightBrent Chapman, CEO of myNILpay, Inc. joins David Johnson on this episode of CEO Spotlight.
Read more »
OpenAI CEO Calls for Collaboration With China to Counter AI RisksAs the U.S. seeks to contain China’s progress in artificial intelligence through sanctions, OpenAI CEO Sam Altman is choosing engagement.
Read more »
Learning From the Past, Leaning Into Fashion’s FutureHere's how retail and fashion CEOs need to think about preparing for what comes next.
Read more »