. 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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Bill Gates visits China as leaders try to revive foreign business interestMicrosoft Corp. co-founder Bill Gates says he is visiting Beijing. He joins a series of foreign business figures who have visited China as the ruling Communist Party tries to revive investor interest in the country. Gates, who stepped down as Microsoft chairman in 2014, said on Twitter he would meet partners who have worked with his charitable foundation. However, Gates is revered in China as an entrepreneur, giving Chinese leaders a chance to show their interest in foreign business by publicizing any meetings with him. The ruling party is trying to revive foreign interest in China’s slowing economy and reassure companies that have been rattled by anti-monopoly and data-security crackdowns, raids on consulting firms and tension with Washington.
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