On March 23rd, in Beijing, after the annual business summit, the Chinese Premier, Li Qiang, held a meeting with American Senator Steve Daines and the representatives of the large U.S. businesses, such as Pfizer and Apple.
Notably, Daines is the first American politician to visit China after Donald Trump’s inauguration. He is a member of the Senate Foreign Relations Committee and Trump’s avid supporter. Apart from this, he was involved in the negotiations between the U.S. and China on trade issues during Trump’s first term as President.
The meeting is especially important to China after the increased tariffs from the American side – the country is trying to expand foreign investment and convince businesses that the country’s economic environment is favorable. The Premier called on American companies to „resist protectionism“ and defend globalization.
According to Li Qiang, China will increase access to markets in various sectors for foreign investors. He warned the representatives that „breaking supply chains would only deepen crises“.
The Premier also remarked that China is ready for „unexpected shocks caused by external sources,“ and the government will introduce new policies to guarantee the smooth operation of the Chinese economy where it’s needed.
