Economy
Signal of private sector? XI meets China’s top company bosses
China’s economy has been struggling with weak consumption and trade disputes for a long time. China’s top bosses came together in Beijing. Observers see a certain reason behind the meeting.
In the middle of economic problems and international trade conflicts, China’s state and party leader XI Jinping has hit the board of the country’s large tech companies. This was reported by the state media of the People’s Republic. Among other things, the Alibaba CEO Jack Ma, who had fallen into favorite a few years ago, were there, the founder of the Chinese E-Auto-Giants byd and Huawei boss Ren Zhengfei.
Some observers saw the meeting in Beijing the intention of sending a signal of trust and signal to support to the private companies in the world’s second largest economy. China’s economy has long suffered from the severe real estate crisis. In addition, trade disputes with the United States threaten companies to make business difficult.
At first it remained unclear what XI Jinping told the company bosses. In the past, he used such meetings to announce relief, for example. The reception in the large hall of the people also took part in the communist party, as Prime Minister Li Qiang and Wang Huning, which is also part of the party’s inner leadership circle
dpa
Source: Stern
