Investment treaty between China and United States key business goal

Chinese President Xi Jinping speaks Tuesday, September 22, 2015, at a banquet in Seattle.


In recent years, the state dinner has taken inspiration – and vegetables – from Mrs. Obama’s White House vegetable garden.

(Bettina Hansen/The Seattle Times via AP, Pool).

President Xi’s visit is an opportunity to strengthen our ties with this key market and build on our historic partnerships, which today range from environmental research to air traffic management to our supply chain.

Although the proposed agreement is “narrow and unlikely to have much immediate effect”, it is “a significant improvement over the US administration’s prior approach of “naming and shaming” the Chinese publicly”, Cate said. “In Seattle, excitement for President Xi’s visit fills restaurants, hotels, newspapers”, read a headline in the China Daily.

In a tour of the Boeing Company’s commercial airplane factory in Everett, Xi noted that Boeing’s cooperation with China “has transcended time and achieved win-win results”, serving as a “prototype” for China-US economic and trade cooperation, reports news agency Xinhua.

Apple Chief Executive Tim Cook, Microsoft CEO Satya Nadella, Amazon’s Jeff Bezos, investor Warren Buffett and Jack Massachusetts of Chinese e-commerce giant Alibaba were among the 30 executives who attended Xi’s Seattle address on Wednesday.

Xi told the group in a speech that was open to media that China’s economy has “big potential” and leaders will continue to remove barriers to foreign investment.

China last week hailed the return by the United States of one of China’s most prominent fugitives wanted for corruption as good progress and a foundation for cooperation.

Chinese President Xi Jinping, center, addresses a U.S.-China business roundtable, comprised of US and Chinese CEOs, Wednesday, September 23, 2015, in Seattle.

“Once concluded, the treaty will further ease market access and put in place more open and transparent market rules”, he said. They can help ensure that the rights of foreign investors are protected and that foreign companies operate on a level playing field with domestic ones.

United States government and business leaders aim to strike a balance between forging agreements and improving relations with the world’s second-largest economy, while sending strong messages about allegations of Chinese cyber spying and intellectual property violations as well as Web censorship and China’s disputed territorial claims to islands in the South China Sea.

Facebook founder Mark Zuckerberg has gushed about his meeting with Chinese President Xi Jinping, calling it a “personal milestone”, after he spoke in Mandarin to Xi at an event on Wednesday. According to the company, China will need an estimated 6,330 new airplanes over the next 20 years, a haul worth $950 billion.

Boeing and China strengthened their longstanding and ever-growing relationship Wednesday with a huge new order and announcement of an expanded presence in China.

Xi is traveling to Seattle on his way to Washington, D.C., for a White House state dinner Friday. From left are Yang Jiechi, U.S. Commerce Secretary Penny Pritzker, Wang Huning, Xi, Li Zhanshu, former U.S. Treasury Secretary Henry Paulson and Jiang Zengwei. Xi, as is customary with Chinese leaders, reacted indignantly, citing revelations of United States electronic spying even upon its allies.

Lew said that China also reaffirmed that they would not engage in a “competitive devaluation of its currency” at a G-20 meeting in Turkey earlier this month. U.S officials said that the outcome of the meeting is crucial for the American businesses as lots of companies is complaining that they are facing discrimination in expanding their business to China.


On Tuesday, Xi signed a pact with some USA governors committing to work with the US on clean energy development.

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