China invites the US economists to Beijing, tries to measure Trump

Beijing – China has been courted the executives of the big US companies this week in an annual conference this week to compensate for trading pressure instead of balance with violent retaliation.

China has tried to attract foreign investments for a long time to strengthen growth Tap on business interests for potential Influence on the white houseespecially under US presidents Donald Trump. The United States has increased the tariffs in all Chinese goods twice since January, but Beijing has only announced targeted tasks and restrictions for a handful of American companies.

Conversation on the edge of the state-organized China development forum this week in Beijing AR More conciliatory attitude As an official rhetoric this month about how China is ready to fight “every kind of war” with the United States.

The participants of the Chinese conference do not concentrate on what can be done to react to US tariffs, Stephen Roach, Senior Fellow at the Paul Tsai China Center of the Yale Law School, told CNBC.

“The questions I have received more, why does Trump do that? What is he trying to achieve? What does he think he needs to be really great to do?” Said Roach. He has participated in the event since the early 2000s.

“My answer is that this is an unprecedented time for America’s role in the global economy. We go back to a tariff regime that the story says that history can be extremely destructive,” said Roach, adding that he expects more political uncertainty in the USA and all over the world “for a long time.”

US shares swung In the past few weeks, investors have been trying to assess the economic effects of Trump’s changing plans for tariffs on large US trading partners. The US chairman of the Federal Reserve, Jerome Powell, said last week Customs could delay the progress in reducing inflation in the USA

At this week conference, China tried to send a message from “calming” – about how it is Plans to increase consumption And like the country in a “modest positive direction” in relation to what happens in the USA

If the United States imposed significantly large tariffs at the beginning of April, “then they go from the administration of costs and weight loss to decoupling,” Kennedy told CNBC. “And then that could mean that the game has expired. So I think that the measure of fear is quite high. And that’s why China tries to grant this message of calming.”

From the beginning of April, the Trump government threatened part of new tariffs for large trading partners. China has reinforced its trade in Southeast Asian countries and the European Union, but the United States is still on the basis of Beijing’s largest trading partners.

The China Development Forum ran Sunday and Monday. Apple CEO Tim Cook was one of the employees who were present, but not the CEO of Tesla, Elon Musk.

“The increased optimism this year compared to the previous year at the CDF was just overwhelmed,” said Ken Griffin, CEO of Hedge Fund Citadel, during an official committee in the forum.

Trump is “committed to American companies that have access to a global market,” said Griffin. “And the president is ready to use tariffs to enforce this worldview.”

Also on Sunday the Republican Senator Steve, the Republican Senator Daines met the Chinese Premier Li Qiang In Beijing – the first time that a US politician China has been visiting since Trump started his last term in January.

“This was the first step towards an important next step that will be a meeting between President XI and President Trump.” Daines told Wall Street Journal. “If that happens and where it occurs, it should be determined.”

The White House did not immediately answer a request for comments.

Li pushed the collaboration and said Nobody can win from a trade war By state media.

Fedex -CEO RAJ Subramaniam, Senior Vice President Brendan Nelson, CEO von Cargill, CEO Brian Sikes, CEO from Medtronic, Geoffrey Martha, The CEO von Pfizer, Albert Bourla, Qualcomm -CEO Cristiano Amon, Ulshungen, Jennifer -Scanlon, and US -American Cup.

China, the second largest economy in the world, remains an important source of income for many multinational companies, not to mention a significant part of its supply chains.

Despite its efforts to improve international business bonds, the country warned of countermeasures against US tariffs and has taken incremental steps.

After the US sanctions against the Chinese telecommunications giant Huawei during Trump’s first term as president, Beijing started an unreliable company list that restricts foreign business activities with China.

China added Calvin Klein Parent PVH and some other US companies after this year’s tariff. China also said on Monday Soon new measures reveal That would give him a legal basis for combating foreign printing.

China has strengthened efforts to support the economy since the end of September. The best political decision -makers at the beginning of this month confirmed the stimulus plans and recent efforts Encourage technical entrepreneurs of the private sector After Deepseek’s breakthrough of artificial intelligence.

“This year you will feel that a lot of positive dynamics begin in China. So I have the feeling that recovery is going on,” Wendell P. Weeks, CEO of Corning, told CNBC.

However, China’s economy has to struggle with deflationed pressure and A real estate collapseExpansion of regional growth prospects for international companies.

Even Beijing Push to support high-tech production has only added an average of 1.1 percentage points for gross domestic product growth in the past three years. According to Goldman Sachs estimates, this is not sufficient to increase the 1.7 percent pulling of real estate from real estate.

“We will remain optimistic because the role of technology is important, I think more than ever,” Amon from Qualcomm told CNBC. “I think technology will be part of economic growth.”