At a San Francisco hotel on Wednesday evening, Chinese President Xi Jinping delivered a message to US business that got a standing ovation: China is a big market and a friend.
Crowding into the Hyatt Regency to meet the Chinese leader were Elon Musk of Tesla, Tim Cook of Apple and Albert Bourla of Pfizer, all keen on selling more electric cars, iPhones and pharmaceuticals in the world’s second-biggest economy.
After a day spent in long-awaited talks with US president Joe Biden, Xi told an audience of about 300 people: “China is both a super large economy and a super large market . . . modernisation for 1.4bn Chinese is a huge opportunity that China provides to the world.”
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