May 5, 2024

AndronETalksNews

AndronETalksNews

China’s Xi Meets With US CEOs, Including Blackstone’s Schwarzman, In Bid To Restore Confidence

Zero Hedge

By Tyler Durden – March 27, 2024

China’s economy is plagued by many problems, including a real estate bust, deflation, debt troubles, demographic winter, foreign investor exodus, supply chain fracturing, deteriorating Sino-US ties, and much more.

In order to restore confidence, China’s President Xi Jinping met with more than a dozen American business leaders, including Blackstone Inc.’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon, according to Bloomberg

Read more…