2023-06-16 10:25:00
Chinese President Xi Jinping met with Bill Gates on Friday, his first meeting with a foreign business leader this year.
Chinese President Xi Jinping met with Bill Gates on Friday, his first meeting with a foreign business leader this year.
Gates is the co-founder of Microsoft (Microsoft Corp., MSFT). Xi Jinping said to Gates, you are the first American friend I met in Beijing this year. The Bill & Melinda Gates Foundation provides financial and technical support to China, especially in health and agriculture.
This is Gates’ first visit to China in four years.
In Secretary of State Antony Blinken’s…
Chinese President Xi Jinping met with Bill Gates on Friday, his first meeting with a foreign business leader this year.
Gates is the co-founder of Microsoft (Microsoft Corp., MSFT). Xi Jinping said to Gates, you are the first American friend I met in Beijing this year. The Bill & Melinda Gates Foundation provides financial and technical support to China, especially in health and agriculture.
This is Gates’ first visit to China in four years.
Gates’ warm welcome to China stands in stark contrast to the icy relationship between the Chinese and American governments ahead of Secretary of State Antony Blinken’s upcoming visit to China on Sunday. Blinken had originally planned to visit China in February, but that trip was canceled following revelations broke that Chinese spy balloons had entered the United States.
It was unclear whether Blinken would be able to meet Xi during his visit to China.
The Hang Seng rose 1.1% on Friday, extending gains following China’s central bank cut interest rates this week. Analysts at Morgan Stanley ( MS ) said they expected a rebound in Chinese economic growth in anticipation of further easing measures in the country, including easing restrictions on property purchases in major cities and issuing targeted spending measures. subsidy.
(This article is translated from MarketWatch. MarketWatch is operated by Dow Jones, the parent company of The Wall Street Journal, but MarketWatch is independent of Dow Jones Newswires and The Wall Street Journal.)
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