Xi Jinping Meets Global Business Leaders Amid Trade Tensions

Xi Jinping, China’s top leader, met with executives of foreign companies including Saudi Aramco, BMW, Toyota, and FedEx to boost foreign investment amid worsening trade relations with the U.S. German automakers like BMW and Volkswagen are increasing investments in China’s car market. Tensions between Washington and Beijing, along with tightening national security laws, have led to a drop in foreign investment in China, as companies face challenges in the domestic market and navigating legal issues.

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