Tim Prepare dinner, Elon Musk, Steve Schwarzman noticed

Major organization leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023.

Eamon Javers, CNBC Correspondent

Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock‘s Steve Schwarzman have been between the guests Wednesday night at a gala reception and meal in San Francisco for visiting Chinese President Xi Jinping.

Hosted by the U.S.-China Organization Council and the Nationwide Committee on U.S.-China Relations, the meal followed Xi’s daylong summit with President Joe Biden, which Biden identified as “some of the most constructive and productive discussions we’ve had.”

The dinner with Xi was a warm ticket for CEOs of America’s most notable firms, a chance to rub elbows with significant-ranking authorities ministers of a region that did practically $760 billion value of trade with the United States past calendar year.

On the guest listing: Salesforce CEO Marc Benioff, Boeing CEO Stan Offer, FedEx CEO Raj Subramaniam, Visa main Ryan McInerney, Bridgewater Associates’ Ray Dalio, Pfizer chairman and CEO Albert Bourla, Mastercard chair Benefit Janow, and BlackRock‘s Larry Fink.

The Biden administration was represented by Commerce Secretary Gina Raimondo, U.S. ambassador to China, Nicholas Burns, and Kurt Campbell, a best White Household China advisor. San Francisco Mayor London Breed also had a location at the head table.

In accordance to the position cards, Cook dinner was seated next to Chinese Minister of Commerce Wang Wentao. Occasion organizers explained Musk attended the VIP reception, but did not keep for the meal.

The number 1 dilemma for us is, are we adversaries or associates?

Xi Jinping

President of China

In remarks ahead of the food, Raimondo emphasised how considerably chance remains in the U.S.-China financial romance.

“All of you in this article this night continue to be keenly fascinated to do company in China, and to locate ways to advance our bilateral financial romantic relationship,” Raimondo explained. “I know that, because 50 % of you have arrive to see me to convey to me that.”

Companions or adversaries?

Xi sent the keynote deal with, his most expansive remarks so considerably in his U.S. stop by. He applied the speech to existing a view of the U.S.-China romantic relationship that differs significantly from Biden’s.

“The number 1 problem for us is, are we adversaries or partners?” Xi asked.

“If one sees the other aspect as a principal competitor, the most consequential geopolitical obstacle, and a pacing threat, it will only direct to misinformed policymaking, misguided steps and undesirable final results,” stated Xi.

It was not shed on the area that Biden has described China in each and every of those conditions in the past.

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In its place of adversaries, Xi emphasized that China needs a partnership with the United States, a “acquire-acquire” relationship.

As portion of his total outreach concept, Xi introduced that China will be sending pandas to the San Diego Zoo, soon after 3 of the bears had been recently returned to China from Washington’s Smithsonian National Zoo.

“Pandas have extended been envoys of friendship between the Chinese and American folks,” he reported.

“We are all set to keep on our cooperation with the United States on panda conservation and do our very best to meet up with the needs of the Californians, so as to deepen welcoming ties in between our two peoples.”

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