Xi Reassures Global CEOs as Trump Steps Up Push to Isolate China

  • Trump administration has sought to rewire Asia supply chains
  • China blasts U.S. move to restrict visas for Huawei employees
Trump Leans Against Sanctions on China Officials for Now
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President Xi Jinping pledged to provide a better business environment for foreign firms as the U.S. pushes to rewire supply chains in Asia and Chinese companies come under increased scrutiny abroad.

“We will continue efforts to deepen reform and opening, and provide a more sound business environment for Chinese and overseas investors,” Xi wrote in a brief reply letterBloomberg Terminal to a group of global chief executives, published Thursday by the official Xinhua News Agency. “Your decision to stay and develop in China is a correct choice.”