Xi Jinping Throws Pointing Questions at Apple CEO Cs Tech – 21 hours ago

Jakarta, CNBC Indonesia – Chinese President Xi Jinping had dinner with the leaders of United States (US) technology giants last Wednesday (15/11), in San Francisco. The dinner is said to have cost US$ 40,000 (Rp. 619 million) per person.

Some of the guests attending were Apple CEO Tim Cook, Tesla CEO Elon Musk, Blackstone Group CEO Stephen Schwarzman, Salesforce CEO Mark Benioff, Boeing CEO Stan Deal, and several other industry leaders.

The dinner was held after discussions between Xi Jinping and US President Joe Biden at the APEC conference. According to Biden, the discussions were “very constructive and productive.”

This banquet was held by the US-China Business Council and the National Committee on US-China Relations, quoted from CNBC International, Friday (17/11/2023).

This event is an important momentum for the CEOs of US technology giants to work together to soften the tensions that have been occurring as a result of the recent heated US-China geopolitical conditions.

China is an important market for the US technology industry, and vice versa. Last year, China made a trade deal worth US$ 760 billion with the US.

That evening, representatives from the Joe Biden administration were Commerce Secretary Gina Raimondo, US Ambassador to China Nicholas Burns, China adviser in the White House Kurt Campbell, and San Francisco Governor London Breed.

According to the cards on each table, Cook sat side by side with Chinese Minister of Commerce Weng Wentao. Organizers said Musk attended as a VIP guest, but did not stay until dinner.

Before the dinner began, Raimondo reiterated the importance of the opportunity to strengthen economic ties between the US and China.

“All of you here are interested in continuing to do business with China and looking for ways to strengthen bilateral economic relations between the US and China,” said Raimondo

When opening his remarks, Xi Jinping bluntly asked, “the first question here, are we enemies or friends?”.

“If one party sees the other party as a competitor, geopolitical challenges become paramount, and threats continue to increase, then all of this will only result in policy decisions full of misunderstandings, misguided actions, and ultimately undesirable results,” he explained. .

Xi Jinping emphasized that China wants relations with the US to be ‘win-win’, aka win-win.

[Gambas:Video CNBC]

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