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US executives granted audience with Premier Li
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Li does not meet with other foreign CEOs 2nd year in a row
(Adds other participants at the meeting in paragraphs 15-16)
By Laurie Chen
BEIJING, March 23 (Reuters) - U.S. Republican Senator
Steve Daines met Chinese Premier Li Qiang in Beijing with a
group of seven American executives on Sunday, following an
annual business summit in the Chinese capital attended by top
foreign CEOs.
Daines was accompanied by Qualcomm ( QCOM ) CEO Cristiano
Amon, Pfizer ( PFE ) CEO Albert Bourla, Cargill CEO Brian Sikes,
Boeing Global Senior Vice President Brendan Nelson, and
other executives at Beijing's Great Hall of the People,
according to a foreign media pool report.
Daines' trip marks the first time a U.S. politician has
visited China since U.S. President Donald Trump took office in
January. Beijing is seeking high-level dialogue with the new
administration, with hopes of reaching a deal to avert further
tariff pressure from Washington.
Daines, a staunch supporter of Trump and member of the
Senate Foreign Relations Committee, was heavily involved in
negotiations over U.S.-China trade during Trump's first term,
and has made multiple trips to China as a senator.
He lived in Guangzhou and Hong Kong in the 1990s while
working as an executive for Proctor & Gamble, which he
referenced in his opening speech.
"Collectively, these seven companies have over 275 years of
experience of doing business in China," Daines said as he
introduced the American CEOs, according to a pool transcript.
"These companies have each been here decades, growing the
businesses, contributing significantly to growing the businesses
and creating success."
Beijing has been trying to attract foreign investment to
offset U.S. tariff pressure and its slowing domestic economy.
The U.S. executives were granted an audience with Li Qiang,
who will not meet separately with other foreign CEOs at the
China Development Forum for the second year in a row.
The annual closed-door meeting with the premier was
traditionally viewed as a summit highlight by foreign CEOs, who
saw it as an opportunity to air their concerns.
Relations between China and the U.S. have come under new
strain after Trump slapped additional tariffs on Chinese goods,
accusing Beijing of not doing enough to stem the flow of
fentanyl into the United States.
In early April, Trump is expected to unleash a round of
tariffs on all countries that tax U.S. imports, potentially
including China. A U.S. review of whether China has fulfilled
promises made during the "phase one" trade deal from Trump's
first administration is set to conclude on April 1.
"Currently, U.S.-China relations have come to an important
juncture," Li told Daines in their meeting, stressing the need
to choose dialogue over confrontation.
"Our two sides need to choose dialogue over confrontation,
win-win cooperation over zero-sum competition," Li said.
Other Chinese officials present at the meeting with Daines
and the U.S. executives included Commerce Minister Wang Wentao,
Executive Vice Foreign Minister Ma Zhaoxu, and the director of
China's state planner, Zheng Shanjie.
The U.S. Embassy's newly arrived charge d'affaires, Anny Vu,
was also present at the meeting.
Daines met Chinese Vice Premier He Lifeng in Beijing on
Saturday. He discussed the need for China to stop the flow of
fentanyl precursors and "expressed hope that further high-level
talks between the U.S. and China will take place in the near
future," according to a post he put on social media platform X.