Chinese CEOs Brush Off Trump Risks Over Breakfast With U.S. Execs
- 13 SOE chiefs met with GE, Wal-Mart to discuss cooperation
- China hopes treatment by U.S. won’t get worse after Trump
Schwarzman: Xi Anticipates Working Things Out With U.S.
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Cooperation between Chinese and U.S. companies is the only way forward amid rising economic uncertainty and geopolitical risks.
That’s the conclusion from some of the 13 chief executive officers of Chinese state-owned enterprises who met Wednesday over breakfast with leaders from some of the biggest U.S. companies at the annual World Economic Forum conclave. Senior executives of International Business Machines Corp., Wal-Mart Stores Inc., General Electric Co. and Cisco Systems Inc. were among those who attended the meeting in Davos, Switzerland, while participants from China included heads of CRRC Group and China National Machinery Industry Corp.