China's Xi greets 'old friend' Bill Gates in first meeting with a US business magnate in years | CNN Business

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Bill Gates and Xi Jinping met Friday, marking the Chinese leader’s first known one-on-one meeting with a Western business figure in years

. Gates, the co-founder of Microsoft\n \n and world’s fifth-richest man, is in Beijing this week for his first trip to the Chinese capital since 2019, before the pandemic. During their meeting, Xi called on Gates to help promote US-China relations, greeting the tech tycoon warmly. “I am very happy to see you. We haven’t seen each other for more than three years … and you are an old friend of ours,” Xi said, according to Chinese state media.

Last month, Microsoft warned that Chinese state-backed hackers were likely pursuing capabilities that could be used to “disrupt critical communications” between the United States and Asia Pacific in the event of a future US-China crisis. The Chinese hackers have been active since mid-2021 and targeted critical infrastructure organizations in the US territory of Guam and in other parts of the United States as part of a spying and information gathering campaign, Microsoft said in a report.

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