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By Joe Cash and Antoni Slodkowski
BEIJING (Reuters) – Chinese President Xi Jinping will meet with U. S. leaders in Beijing on Wednesday, three sources familiar with the matter said, following his November dinner with U. S. investors in San Francisco.
The assembly proposed through the chief executive of the U. S. insurer Chubb, Evan Greenberg, said one of the resources with direct knowledge of the matter. Other participants include Stephen Orlins, chairman of the National Committee on U. S. -China Relations, and Craig Allen, chairman. of the U. S. -China Business Council.
The meeting with Xi follows Chinese Premier Li Qiang’s absence from the meeting with foreign CEOs who visited the China Development Forum in Beijing on March 24-25, prompting considerations about transparency in the world’s second-largest economy.
The opportunity to exchange perspectives with Beijing’s second-largest leader was a key feature of the summit in recent years.
Foreign corporations are trying to reconcile Chinese leaders’ public investment proposals with the implementation of a broader anti-espionage law, raids on consulting and due diligence firms, and exit bans.
“The absence of press on Li Qiang at the two sessions and meetings with foreign leaders at the China Development Forum shows that Xi is in charge,” said Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy in Singapore.
“Xi and Li Qiang doesn’t need to upstage his boss,” he added.
Xi earned a standing ovation when he dined with U. S. leaders at a dinner hosted through the U. S. -China Business Council and the National Committee on U. S. -China Relations in November.
Two sources said the meeting with Xi was not part of the China Development Forum schedule and was intentionally scheduled on Wednesday to separate it from the high-level forum of senior foreign and Chinese leaders.
The assembly first reported via the Wall Street Journal last week.
China’s State Council Information Office, the National Committee for U. S. -China Relations, the U. S. -China Business Council and Chubb did not respond to a request for comment.
Officials speaking at the forum’s opening over the weekend expressed confidence in China’s ability to achieve its economic goals, adding an expansion of about five percent this year, and pledged to create more corporations in strategically vital sectors, an area Xi called “new productive forces. “””
In November, Xi told U. S. business leaders in San Francisco that China was fit to be America’s wife and friend and that there were plenty of opportunities for cooperation, with the aim of triumphing over China’s difficulties in attracting foreign investment.
(Reporting by Joe Cash and Antoni Slodkowski; editing by Leslie Adler and Sonali Paul)