The CEO visits fit the narrative China wants to push, namely that of American businesses resisting the government's push for decoupling from China, as described in an article by the . A narrative that rallies support from the Chinese public when its leaders stand up against American political critique but back the government when it comes to attracting hard-needed foreign investments.
President Biden, right, and China's President Xi Jinping meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on Nov. 14, 2022. Premier Li Qiang stressed that China was open for business and would provide a better environment and better services to all as "developing the economy is the fundamental key to creating jobs." Recently adopted measures to stimulate foreign investment include loosening restrictions on foreign investment in currently restricted sectors, improving trade customs clearance and export control and further developing free-trade zones.
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