Summary The US and China are expected to agree to forums to facilitate mutual trade and investment, while China is expected to announce purchases related to Boeing airplanes, American agriculture and energy
(Reuters) – Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and Boeing's Kelly Ortberg will join US President Donald Trump on his visit to China this week, a White House official told Reuters.
Others taking part include Meta's Dina Powell McCormick, BlackRock's Larry Fink, Blackstone's Stephen Schwarzman, Micron's Sanjay Mehrotra, Mastercard's Michael Miebach, Qualcomm's Cristiano Amon and Visa's Ryan McInerney, the official said. Cisco CEO Chuck Robbins was invited by the White House to join the China trip but was unable to attend as the company's earnings will be released this week, a company spokesperson said.
The US and China are expected to agree to forums to facilitate mutual trade and investment, while China is expected to announce purchases related to Boeing airplanes, American agriculture and energy, Reuters reported earlier on Monday.
Major business deals or purchases are often announced during summit meetings between China and the United States.
The two countries will also discuss lengthening a truce in their trade war that allows rare earth minerals to flow from China to the US, though it is not yet clear if that agreement will be extended this week, Reuters reported.
The last meeting between Trump and Chinese President Xi Jinping was in October in South Korea, where they agreed to pause a bruising trade war that had seen the US impose triple-digit tariffs on Chinese goods and Beijing threaten to restrict the global supply of rare earths.
