American CEOs Who Dined With China’s Xi Are Moving Businesses Out of China: Analysts

American CEOs Who Dined With China’s Xi Are Moving Businesses Out of China: Analysts
People demonstrate against Chinese leader Xi Jinping as he meets with U.S. President Joe Biden during the Asia-Pacific Economic Cooperation (APEC) Leaders' Week, in Woodside, Calif., on Nov. 15, 2023. Gilles Clarenne/AFP via Getty Images
Olivia Li
Updated:
0:00

During the Asia-Pacific Economic Cooperation meeting in San Francisco from Nov. 15–17, Chinese leader Xi Jinping had dinner with hundreds of top American CEOs, hoping that these business and tech executives would become mediators in the strained U.S.–China relationship.

But the grim reality of Beijing’s suppression of foreign companies has prompted these CEOs to pull their businesses out of China.

Jenny Li has contributed to The Epoch Times since 2010. She has reported on Chinese politics, economics, human rights issues, and U.S.-China relations. She has extensively interviewed Chinese scholars, economists, lawyers, and rights activists in China and overseas.
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