China Courtes U.S. Executives

This is a China news story, published by CNBC, that relates primarily to Trump news.

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CNBC

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World

China invites U.S. business leaders to Beijing as it tries to decipher Trump's trade plans

Summary

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83% Informative

China courted the executives of major U.S. businesses at an annual conference this week in Beijing .

China has long sought to attract foreign investment as a way to bolster growth, while tapping business interests for potential influence on the White House .

The conference is a sign of how Beijing seeks to offset trade pressures, rather than retaliate forcefully.

The Trump administration has threatened a swath of new tariffs on major trading partners.

China remains a significant source of revenue for many multinational corporations.

China 's economy has struggled with deflationary pressure and a real estate slump.

China has stepped up efforts to support the economy since late September .

China also said it would soon reveal new measures that would give it a legal basis for countering foreign pressure.

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